DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head
The Digital Assets Head of the Depository Trust & Clearing Corporation (DTCC) emphasized that the organization is not creating isolated environments, or "walled gardens," for tokenization in the financial industry. Instead, DTCC aims to foster an open ecosystem that encourages collaboration and interoperability among various digital asset platforms. This approach is intended to enhance efficiency and security in the settlement and clearing processes for tokenized assets. The DTCC is actively exploring ways to integrate tokenization into existing financial infrastructure while ensuring regulatory compliance and risk management.
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