The Depository Trust & Clearing Corporation (DTCC) has launched a tokenization pilot aimed at enhancing liquidity for real-world assets as blockchain technology gains traction. CEO Frank La Salla emphasized the initiative's goal to centralize efforts and prevent market fragmentation. The pilot allows tokenized assets to operate across various blockchains while maintaining custody and market structure. As institutional interest in blockchain grows, DTCC plans to expand its tokenization efforts, particularly focusing on financial assets. La Salla noted that clearer regulatory guidance has increased interest in tokenizing both financial instruments and physical assets. DTCC intends to serve as an enabler in the tokenization ecosystem, facilitating the process without dictating terms once the system is operational.