DTCC Open to Interoperability in Tokenization Efforts, Digital Assets Head Says
The Depository Trust & Clearing Corporation (DTCC) is reportedly open to interoperability in its approach to tokenization. According to reports, the financial services company is not creating "walled gardens" for tokenization. The development suggests a collaborative approach within the financial industry regarding digital assets. Tokenization, the process of representing real-world assets on a blockchain, is gaining traction as a way to improve efficiency and transparency in financial markets, and interoperability is seen as crucial for widespread adoption.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.