Summary
- It reported that the Depository Trust & Clearing Corporation (DTCC) has announced a roadmap to move all approximately 1.4 million securities it holds fully on-chain.
- It said the project is being pursued with key goals of collateral optimization, real-time payment and settlement, and securing 24-hour liquidity.
- It reported that DTCC plans to minimize operational risk and build a tokenization infrastructure suitable for institutional financial markets by adopting an in-layer structure for burning and reissuing tokens.
According to CoinDesk, a crypto-focused media outlet, on the 15th (local time) the Depository Trust & Clearing Corporation (DTCC) announced a roadmap to move all roughly 1.4 million securities it holds fully on-chain.
The project has been pushed in earnest since DTCC’s acquisition of blockchain technology startup Securrency in 2023, with key goals including collateral optimization, real-time payment and settlement, and securing 24-hour liquidity.
To strengthen security and controls, DTCC adopted a structure that burns tokens and reissues them within its own layer, rather than using cross-chain bridges. The plan is to build a tokenization infrastructure suitable for institutional financial markets while minimizing operational risk.
The market is assessing DTCC’s move as a potential starting signal for a full-scale shift of traditional financial infrastructure to blockchain.
