DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) emphasized that the organization is not creating isolated systems for tokenization in the cryptocurrency space. Instead, DTCC aims to foster an open and interoperable ecosystem that encourages collaboration among various stakeholders. The focus is on enhancing efficiency and security in the settlement process for digital assets. The DTCC is actively engaging with industry participants to develop standards and frameworks that support the broader adoption of tokenized assets.

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