Wall Street’s Plumbing Goes Onchain as Morgan Stanley Tokenizes Securities

Bullish+2.45%
4 Nov, 16:29
Source: Decrypt

AI Summary

Morgan Stanley tokenizes U.S. equities and Treasuries via the DTCC platform, marking a significant step toward mainstream institutional adoption of blockchain-based securities.

Morgan Stanley says it has converted U.S. equities and Treasuries into tokenized form through the newly launched DTCC Tokenization Service, which 20 Wall Street firms have signed up to use.