DTCC: Runs Tokenized Securities Trial on HyperLedger Besu
DTCC executed digital conversions on HyperLedger Besu private network and Canton public network for tokenized securities trial with Vanguard, BlackRock and JPMorgan starting with MSFT, QQQ, SPY and SHV.
SourceAnalysis
DTCC completed the digital conversions on HyperLedger Besu (its private network) and Canton (public network) during the tokenized securities trial that includes Vanguard, BlackRock and JPMorgan and covers $MSFT, $QQQ, $SPY and $SHV; the setup forms part of DTCC's multi-chain strategy that delivers resiliency, scalability and choice while running parallel to existing settlement rails ahead of the formal program launch in October.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.