MEDIUMVulnerability
Global
DTC’s tokenization service to connect with Stellar public blockchain
·Source: Finextra
Updated:
Executive Summary
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and the Stellar Development Foundation (SDF) today announced plans to enable the tokenization of The Depository Trust Company (DTC) custodied assets on the Stellar network, a configurable and public blockchain used across securities, payment, and remittance a
Analysis
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and the Stellar Development Foundation (SDF) today announced plans to enable the tokenization of The Depository Trust Company (DTC) custodied assets on the Stellar network, a configurable and public blockchain used across securities, payment, and remittance applications.