DTCC to Tokenize Wall Street: Microsoft, S&P 500 ETF, Nasdaq 100 ETF, and US Treasuries

BlockBeats News, July 15th, the Depository Trust & Clearing Corporation (DTCC) announced that it will tokenize Microsoft (MSFT) stock, S&P 500 ETF (SPY), Nasdaq 100 ETF (QQQ), and U.S. Treasuries for Wall Street institutions. Nearly 40 financial institutions and tech companies, including JPMorgan Chase, Goldman Sachs, BlackRock, Vanguard, and the New York Stock Exchange, are participating.

Earlier today, DTCC initiated the first limited live testing of tokenized real assets, with full production expected to launch in October.