DTCC Tokenizes US Treasury Securities on Blockchain
Update: 2025-12-17
Description
The Depository Trust and Clearing Corporation (DTCC) is set to tokenize US Treasury securities on the Canton Network, a blockchain developed by Digital Asset. This move, approved by the SEC for three years, aims to digitize traditional financial assets, making markets more efficient and accessible. The DTCC plans to launch a basic version of this service in the first half of 2026, potentially expanding to other assets based on client interest. This initiative is seen as a significant step towards on-chain capital markets, though the immediate impact on the crypto market may be slow.
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