DTCC Open to Interoperability in Tokenization Efforts, Says Digital Assets Head
The Depository Trust & Clearing Corporation (DTCC) is reportedly open to interoperability in its approach to tokenization, according to its digital assets head. The financial services company emphasized it is "not building walled gardens" regarding its tokenization efforts, according to reports. The development suggests a collaborative approach to integrating digital assets within traditional financial infrastructure. Tokenization, the process of representing real-world assets on a blockchain, is seen as a way to increase efficiency and transparency in financial markets.
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