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DTCC to Tokenize Microsoft, SPY, QQQ, and U.S. Treasury Bonds on Behalf of Wall Street Firms
Svmuu News: The Depository Trust & Clearing Corporation (DTCC) will tokenize stocks such as Microsoft, SPY, QQQ, and U.S. Treasury bonds on behalf of Wall Street firms, with participation from institutions including BlackRock, Goldman Sachs, and JPMorgan Chase. The companies involved plan to use the tokenized assets for collateral transfers, repurchase agreements, and stock trading. (The Wall Street Journal)
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