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

The Depository Trust & Clearing Corporation (DTCC) emphasizes that it is not creating isolated systems for tokenization in the digital assets space, according to its head of digital assets. Instead, the DTCC aims to foster interoperability and collaboration across the industry. The organization is focused on developing a framework that supports the integration of tokenized assets into existing financial markets. This approach is intended to enhance efficiency and reduce risks associated with digital asset transactions. The DTCC's commitment reflects a broader trend towards embracing digital transformation in finance without limiting access or innovation.

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