According to DTCC announcement at Consensus 2025 on May 4, the Depository Trust & Clearing Corporation announced partnerships with multiple Layer 1 blockchain networks to develop infrastructure for tokenized finance. The initiative will focus on building blockchain-powered systems for securities settlement, dividend payments, and tender offers, leveraging scalable decentralized infrastructure instead of creating a proprietary blockchain.
DTCC CEO Frank La Salla stated that blockchain technology has evolved enough to support the operational demands of institutional finance while delivering transparency and efficiency benefits. The organization, which processes trillions of dollars in securities transactions annually, is collaborating with more than 50 firms through its Industry Working Group to inform the development of tokenization services.
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