The Depository Trust & Clearing Corporation (DTCC) has received no-action relief from the SEC, allowing it to proceed with launching tokenization services. This regulatory green light marks a significant step in integrating blockchain technology into traditional financial infrastructure.
In a parallel development, JPMorgan has launched a tokenized money market fund on the Ethereum blockchain. This move underscores the growing trend of institutional adoption of blockchain technology, as major financial entities begin to incorporate tokenization into their core market operations.
DTCC and JPMorgan Advance Institutional Tokenization Initiatives
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