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DTCC tests tokenized markets using existing financial infrastructure
CNBC Markets says the push aims to move tokenization of real world assets from concept to reality by leveraging the post-trade system.
DTCC, the post-trade utility central to clearing and settlement in the US financial system, is working to test how tokenized markets could operate using existing financial infrastructure, CNBC Markets reports.
The outlet says the effort is part of a broader push to bring tokenization of real world assets from concept to reality, with participation from major industry players.
The initiative highlights growing attention on whether tokenized market activity can be integrated into established post-trade operations rather than built entirely from scratch.