The DTCC is implementing real-time (T+0) settlement infrastructure as a prerequisite for tokenizing real-world assets like ETFs and structured products, with this settlement-first approach being the foundation before actual tokenization of securities can occur.
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Why "Real-Time Settlement" Changes Everything For XRP 🚀 #XRP #Bitcoin追加:
or 15 million users. I don't understand why. If the OCC hasn't published its report yet, banks are already offering stablecoins. Is that true that soft tokenization DTCC starts on 7/13?
I do think that they are going to start rolling out tokenization of ETFs and structured products in July this year.
And the back-end settlement would have already had to move to real-time or T + 0 for them be able to do that.
That was made clear by the president of Nasdaq last year at Swell when she spoke with Monica Long. I referenced that I don't have No, how many times?
But she said that the first place that they're going to implement distributed ledger technology is for back-end reconciliation and settlement between the the DTCC and the clearinghouse, you know, for the DTCC which clearinghouse and the brokers.
It's not tokenization of stocks first.
It's settlement first and then tokenization of stocks.
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