via @CantonNetwork ↗Tokenized collateral stuck on one chain sits idle. DTCC's Tokenization Service anchors every token to DTC. Each one is backed 1:1 by a security held at DTC, and the official books and records stay with DTC.
via @CantonNetwork ↗Tokenized collateral stuck on one chain sits idle. DTCC's Tokenization Service anchors every token to DTC. Each one is backed 1:1 by a security held at DTC, and the official books and records stay with DTC.
via @CantonNetwork ↗On Canton, tokens share one standard. CIP-56 gives wallets and apps one set of APIs for holdings, peer-to-peer transfers and delivery versus payment across asset registries. Connect to DTCC tokens on Canton:
via @CantonNetwork ↗Each DTC-tokenized security keeps its CUSIP. It holds the same rights and investor protections as the book-entry position and converts between traditional and tokenized forms through DTC. Registered wallets on a chain transfer it peer to peer, 24/7.
via @CantonNetwork ↗Progmat is adding Canton support for tokenized JGBs. @Progmat_en and @DigitalAsset signed an MOU on tJGB, tokenized JGBs that keep their book-entry legal status, aimed at 24/7 settlement. Four MUFG companies will test DvP with digital money and onchain repo. ↓ Learn more.