The Depository Trust & Clearing Corporation (DTCC), which handles $3.7 quadrillion in transactions annually, has announced its plans to issue tokenized securities on the Canton Network. The Canton Network is described as a privacy-enabled blockchain specifically designed for use by financial institutions. The development signals a move towards integrating traditional financial assets with blockchain technology, potentially streamlining processes and enhancing transparency within the financial sector, according to reports.

The Depository Trust & Clearing Corporation (DTCC), which handles $3.7 quadrillion in transactions annually, has announced its plans to issue tokenized securities on the Canton Network. The Canton Network is described as a privacy-enabled blockchain specifically designed for use by financial institutions. The development signals a move towards integrating traditional financial assets with blockchain technology, potentially streamlining processes and enhancing transparency within the financial sector, according to reports.