DTCC Moves Tokenized Securities to Live Production Using Chainlink
- Reports
- 3
- Developments
- 5
- Repetition
- 33%
New informationRepeats or wire copies
What happened
The Depository Trust & Clearing Corporation moved tokenized securities from controlled testing into live production trades using Chainlink infrastructure. On July 15, the DTCC completed its first production trades involving tokenized versions of traditional securities. Nearly 40 financial institutions participated in these trades, which included tokenized shares of Microsoft and the Invesco QQQ ETF, with Goldman Sachs and the New York Stock Exchange among the participants.
From coinspeaker.com
Why it matters
This move validates the use of blockchain technology for real-world asset tokenization, a process that aims to make trading easier, more accessible, and cheaper. The collaboration between Chainlink, DTCC, Nasdaq, and the New York Stock Exchange supports the integration of on-chain infrastructure with traditional financial markets.
From coinspeaker.com, yahoo.com
Who's involved
- ChainlinkProvides the infrastructure and oracle services for tokenization.
- Depository Trust & Clearing CorporationHosted the first live production trades using tokenized securities.
- New York Stock ExchangeParticipated in the production trades using DTCC's clearing infrastructure.
- BlackRockParticipated in the production trades using tokenized securities.
- Goldman SachsParticipated in the production trades using tokenized securities.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ChainlinkSpeculative
Direct integration into DTCC production trades could validate its core infrastructure.
- Depository Trust & Clearing CorporationSpeculative
Successfully moving tokenized securities into live production trades could validate its service.
- New York Stock ExchangeSpeculative
Participation in DTCC production trades could validate its integration with tokenized securities.
- Goldman SachsSpeculative
Participation in DTCC production trades could validate its tokenization strategy.
- BlackRockSpeculative
Participation in DTCC production trades could validate its tokenization strategy.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.How it developed
Newest first. Tap a step to see who reported it.- DTCC is launching a new collateral platform powered by Chainlink.Sub-event
Major financial institutions began production trades using Chainlink infrastructure within the DTCC stack.1 source
- DTCC is launching tokenized securities services as both exchanges pilot tokenized stock markets, with Kraken leveraging DTCC infrastructure.Sub-event
- Caliber, a Nasdaq-listed company, is leveraging Chainlink to build fund tokenization infrastructure for its asset management business.Sub-event
Collaboration launched between Chainlink, Nasdaq, DTCC, and NYSE to support tokenized equities.1 source
Keep exploring
The entities involved
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Chainlink
distributed oracle network
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Nasdaq
American fully electronic stock exchange
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Depository Trust & Clearing Corporation
company
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New York Stock Exchange
American stock exchange
Related events
- Coinbase awaits clearer rules from the SEC as Chair Paul Atkins pushes innovation exemptions for tokenized assets, with Nasdaq building supporting platforms.
- OKX and Intercontinental Exchange announced a joint venture for tokenized equities, following SEC approval.
- The SEC approved an exemption for tokenized NMS stocks, which trade on exchanges like Nasdaq in New York.
- Stock trades are occurring on the electronic exchange of Nasdaq involving Churchill Capital Corp XI Units.
- Morgan Stanley was involved in market activity on the electronic stock exchange, with filings received regarding this activity.