The Depository Trust & Clearing Corporation (DTCC), a major clearing giant, plans to launch a tokenized securities platform, with a pilot phase scheduled for July and a full launch targeted for October, according to the announcement. The move represents a significant step in Wall Street’s broader blockchain technology adoption push.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cipher Digital Secures $200M Credit Facility to Expand AI and HPC Data Centers
According to Globenewswire, Cipher Digital, a Nasdaq-listed bitcoin miner, secured a $200 million revolving credit facility from global financial institutions to enhance liquidity and accelerate its AI and high-performance computing (HPC) data center platform expansion. The company reported Q1
GateNews6m ago
Quantum Leap Completes $200M IPO, Seeks Blockchain and AI Acquisitions
According to Businesswire, on May 5, special purpose acquisition company Quantum Leap completed a $200 million initial public offering and began trading on the New York Stock Exchange under the ticker symbol QLEPU. The company plans to deploy proceeds to pursue acquisitions and merger transactions i
GateNews12m ago
Goldman Sachs Maintains Cautious Stance on Equities Amid AI Boom
Goldman Sachs' Fixed Income, Currency and Commodities (FICC) team has returned to a "seven on ten" rating on the domestic equity market, according to Anshul Sehgal, global co-head of the team. Sehgal stated in a recent interview that the team had raised its equity positioning to a "nine on ten"
CryptoFrontier17m ago
Standard Chartered's SC Ventures Takes $150M Stake in Crypto Trader GSR at $1B+ Valuation
According to Bloomberg, SC Ventures, the venture capital division of Standard Chartered, took a $150 million stake in crypto trading firm GSR at a valuation of more than $1 billion, marking the bank's further expansion into the digital asset sector.
GateNews27m ago
Hyperscale Data Bitcoin Holdings Surpass 680 BTC, Worth $53.5M as of May 5
According to ChainCatcher, Hyperscale Data, a NYSE American-listed company, has increased its Bitcoin treasury holdings to 680.9595 BTC, valued at approximately $53.5 million, as of May 5. Its subsidiary Sentinum holds 614.0338 BTC from both public market purchases and mining operations, while
GateNews31m ago
Jump Trading and Securitize Partner to Trade Tokenized Stocks on Blockchain
According to executives, market-maker Jump Trading is partnering with tokenization firm Securitize Inc. to move stock trading onto blockchain-based systems within existing regulatory frameworks. Jump will serve as the market-maker for tokenized stocks, while Securitize will provide the underlying in
GateNews56m ago
