We’re excited to be a part of the broader ecosystem of the DTCC Tokenization Service, which launched today.
Ondo Finance joins ecosystem collaborators that include Broadridge, DRW, Fireblocks, and more, advancing connectivity between traditional and tokenized markets.
In July, Ondo announced the first Ondo Stocks, CRCLon and SPYon, backed by tokenized versions of DTC-custodied securities. The tokenized entitlements associated with CRCL and SPY are represented by digital twins.
Now, the service’s official launch enables institutions to move assets between traditional and tokenized markets, expanding how those assets can be transferred and used for purposes such as collateral.
We look forward to continued collaboration with @The_DTCC as traditional and tokenized markets become more connected.
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