DTCC Selects Ripple Prime for Next-Gen Tokenization with BlackRock and JPMorgan
The Depository Trust & Clearing Corporation has partnered with Ripple Prime to advance next-generation tokenization efforts alongside major financial institutions like BlackRock and Goldman Sachs.
Initiative Lead
DTCC
Technology Partner
Ripple Prime
Key Participants
BlackRock, Goldman, JPMorgan, Nasdaq
Focus Area
Next-Gen Tokenization
This initiative marks a significant step in the infrastructure for tokenized real-world assets by involving key market players. The collaboration aims to modernize settlement and issuance processes through blockchain technology. Major firms including Nasdaq and JPMorgan are joining this push to integrate digital assets into traditional finance.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.