DTCC has completed the live testing of tokenized assets, with participation from institutions such as JPMorgan Chase and Vanguard Navigation

DTCC completed the solid test of token based assets, including equity token conversion, treasury bond bond token conversion, DVD equity delivery, mortgage quality pledge and CCP margin payment. Among them, Citadel Securities and DriveWealth completed the equity token conversion; DriveWealth and Pioneer Navigation have completed the DVD delivery of tokenized equity; JPMorgan Chase paid tokenized assets to CME Group as CCP margin; Societe Generale completed the conversion of treasury bond tokens; Faxing Bank and Citadel Securities have completed the settlement of mortgage quality.