The Depository Trust and Clearing Corporation (DTCC) just announced their inaugural launch of equity conversions, securities lending & other tokenized in | Bitget crypto news!
- The DTCC has launched its first production phase for tokenized equity, securities lending, and other infrastructure, with Citadel's securities being the first to be rolled out.
- Citadel's involvement highlights a strong connection to Ripple's XRP Ledger, suggesting potential for XRP to provide liquidity for faster settlement within the massive $114 trillion traditional stock market.
- This move signifies a significant step towards on-chain asset management and institutional adoption, positioning XRP Ledger as a key player in the growing tokenization landscape.
Topics: Institutional adoption, Blockchain usage, Public market, Banking depository pilots, Ethereum evm l 1 s, Stock equity tokenization
Tags: #dtcc #citadel #xrpledger #tokenization #equityconversions #securitieslending #ripple #onchain #rwa #settlement
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