Tokenization has just reached a major milestone on Wall Street. More than 30 financial players participated in the DTCC test, which moved securities held in its central depository to blockchain networks. This is no longer a showcase demonstration. It is a market trial, involving banks, exchanges, asset managers, and crypto infrastructures.
Crypto settles at the heart of Wall Street: DTCC launches the tokenization of US markets. Discover the details in this article!
As the American shutdown crisis nears its end, another signal captures crypto investors' attention. No less than eleven ETFs backed by XRP have just appeared on the DTCC website, the key body of the American financial markets. While this registration does not signify regulatory approval, it demonstrates a concrete step toward a possible listing on U.S. markets. It is a major technical milestone for XRP, which could revive institutional interest in the asset.