DTCC collaborates with JPMorgan Chase, BlackRock, and Goldman Sachs to promote tokenization of Microsoft stocks and US bonds

According to the Wall Street Journal, DTCC, together with JPMorgan Chase, BlackRock and Goldman Sachs, has promoted the tokenization plan of Microsoft, SPY, QQ and US treasury bond bonds. Relevant institutions plan to use tokenized assets for collateral transfer, repurchase transactions and stock transactions to improve capital efficiency and optimize the settlement process.