Ondo Finance gains attention as DTCC expands tokenized securities, advancing blockchain-based stock settlement and tokenized markets.
- Ondo Finance is gaining attention as DTCC expands its tokenized securities initiative, aiming to enable blockchain-based stock settlement beyond standard market hours.
- DTCC is processing production trades on its blockchain settlement service, creating onchain claims tied directly to underlying securities, with Ondo Finance being a key participant.
- This development signifies a deepening integration of blockchain technology into traditional capital markets, with potential implications for continuous trading and settlement of tokenized assets.
Topics: Asset types, Infrastructure providers, Institutional adoption, Financial instruments, Tokenization platforms, Major financial incumbents, Asset manager initiatives
Tags: #ondofinance #dtcc #tokenizedsecurities #blockchainsettlement #stocksettlement #realworldassets #traditionalfinance #digitalassets #alpacamarkets #spdrsp500etf