DTCC Aiming to Make All 1.4 Million Securities in Its Custody Digitally Eligible

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Source: CryptoNewsNet Original Title: DTCC aiming to make all 1.4 million securities in its custody digitally eligible Original Link: The Depository Trust & Clearing Corporation (DTCC), the central plumbing behind U.S. capital markets, is preparing to support digital representations of all 1.4 million securities currently held within its custody system, deepening its commitment to tokenization and redefining how far the technology could reach in U.S. capital markets.

While DTCC’s tokenization platform — built following its 2023 acquisition of Securrency — has already been publicly disclosed, recent comments suggest the effort is much broader in scope than previously understood.

“Our goal is to eventually enable investors to access the entirety of the market of DTC-eligible securities, which is roughly about 1.4 million CUSIPs, to become digitally eligible and have been onboarded through direct registration,” according to statements from DTCC leadership during a recent panel discussion on digital assets.

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