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International Business Times
International Business Times
Business

The U.S. Banking System Is Being Re-Plumbed for Digital Assets. The Hard Part Isn't Crypto

The Depository Trust & Clearing Corporation (DTCC), the back office that settles most U.S. securities trades, plans to start trading tokenized stocks, ETFs, and treasuries this month, with a broader launch in October. (Credit: Pixabay)

The Depository Trust & Clearing Corporation (DTCC), the back office that settles most U.S. securities trades, plans to start trading tokenized stocks, ETFs, and treasuries this month, with a broader launch in October.

The entity protects more than $114 trillion in assets and over 50 firms have signed on, including BlackRock, Goldman Sachs, and JPMorgan.

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