DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head
The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) stated that the organization is not creating isolated systems for tokenization in the financial markets. Instead, DTCC aims to foster an open ecosystem that promotes interoperability among various digital asset platforms. The focus is on enhancing efficiency and reducing risks in transactions while ensuring compliance with regulatory standards. The DTCC is actively exploring the integration of blockchain technology to streamline processes in the securities industry.
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