Morgan Stanley launches tokenization service for U.S. stocks and Treasuries through DTCC
Morgan Stanley tokenizes US stocks and Treasuries via DTCC
AI-assisted source summary · not independently verified. Content standards
Morgan Stanley said it has created blockchain versions of U.S. stocks and Treasuries through the DTCC Tokenization Service (DTS), which is operated by DTC and launched on October 28. DTS generates “digital twins” of securities registered with DTC, supporting their transfer to approved wallets or restoration to their original state; the pilot covers Russell 1000 stocks, major index ETFs and Treasuries, with a term of 3 years.
The article distinguishes between the digital twins of securities within DTS’s regulated boundaries and freely tradable 24/7 assets, while explaining the current conditions for implementation through the pilot’s scope, network arrangements and collateral restrictions.
Source:Cryptopolitan · cryptopolitan.com