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

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