tldr; DTCC is collaborating with Digital Asset to tokenize a subset of U.S. Treasury securities held at The Depository Trust Company (DTC) on the Canton Network. This initiative aims to enable on-chain workflows for Treasuries while maintaining traditional custody. The project, targeting an MVP by mid-2026, seeks to streamline collateral movement and settlement processes. The Canton Network offers privacy-focused blockchain infrastructure tailored for regulated financial markets, with DTCC co-chairing its governance alongside Euroclear.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; DTCC is collaborating with Digital Asset to tokenize a subset of U.S. Treasury securities held at The Depository Trust Company (DTC) on the Canton Network. This initiative aims to enable on-chain workflows for Treasuries while maintaining traditional custody. The project, targeting an MVP by mid-2026, seeks to streamline collateral movement and settlement processes. The Canton Network offers privacy-focused blockchain infrastructure tailored for regulated financial markets, with DTCC co-chairing its governance alongside Euroclear.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.