DTCC to run first limited live trades in tokenized stocks and Treasurys on Wednesday, WSJ reports
The Depository Trust & Clearing Corporation (DTCC) will conduct its first limited production trades involving tokenized U.S. stocks and Treasurys on Wednesday, The Wall Street Journal reported. The pilot includes nearly 40 firms. JPMorgan is tokenizing a portion of its QQQ holdings, and initial tokenized assets also include shares tied to Microsoft, Circle and SPY.