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Canton Network and DTCC Bring $30T in Securities to Blockchain
Canton Network and DTCC open access to $30T in eligible securities, raising fresh catalysts on blockchain tokenization and adoption.
Key points
- DTCC and Canton Network launched a tokenization service making $30 trillion in eligible securities, including stocks, ETFs and U.S. Treasuries, available for tokenization.
- Twenty financial firms, including JPMorgan, Citi and Morgan Stanley, signed up; securities stay in DTCC custody while tokenized representations move via approved blockchain infrastructure.
- The article also promotes Bitcoin Hyper, a Bitcoin Layer 2 presale it says raised over $33.2 million at $0.0137 per token.
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Dextape context
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Terms in this story
- Blockchain
- A shared, ordered record of transactions, grouped into blocks, that independent computers check against the same protocol rules.
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