The Zhitong Finance App learned that Wall Street's exploration of asset tokenization, which has continued for many years, is gradually moving from proof of concept to actual market application. In July of this year, nearly 40 financial institutions, including JPMorgan Chase (JPM.US), Goldman Sachs (GS.US), Invesco (IVZ.US), and Citadel Securities, converted traditional assets such as stocks, US Treasury bonds, and ETFs into digital tokens in a large-scale trial organized by the American Depository Trust and Clearing Company (DTCC), and completed a series of daily market operations such as transactions, collateral transfers, additional margin, and settlement through blockchain.
Zhitongcaijing · 3d ago
Share
Listen to the news
The Zhitong Finance App learned that Wall Street's exploration of asset tokenization, which has continued for many years, is gradually moving from proof of concept to actual market application. In July of this year, nearly 40 financial institutions, including JPMorgan Chase (JPM.US), Goldman Sachs (GS.US), Invesco (IVZ.US), and Citadel Securities, converted traditional assets such as stocks, US Treasury bonds, and ETFs into digital tokens in a large-scale trial organized by the American Depository Trust and Clearing Company (DTCC), and completed a series of daily market operations such as transactions, collateral transfers, additional margin, and settlement through blockchain.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending