DTCC will tokenize Microsoft, SPY, QQQ, and U.S. Treasuries for Wall Street firms

Odaily reported that DTCC will tokenize Microsoft shares, SPY, QQQ, and U.S. Treasuries for Wall Street companies, with institutions including BlackRock, Goldman Sachs, and JPMorgan participating. These firms plan to use tokenized assets for collateral transfers, repurchase transactions, and stock trading. (The Wall Street Journal)