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Depository Trust & Clearing Corporation (DTCC) Brings Stock Securities to Solana!

Depository Trust & Clearing Corporation (DTCC)  Brings Stock Securities to Solana!

DTCC one of the giants from the Wall Street are making their moves. They don't want to fall behind the trend. They are fighting with the other competitors on bringing the stocks to the Solana.

So a lot of companies are working with the govt to bring the Stocks on the multiple blockchain. And all of them internally settle on the one system terminal. Now they are getting it on the Solana.

Securities tokenization is not an easy thing. It would take time, settlement, govt assurance of those securities and also the insurance and other downtime all of them accounted. So the Solana based settlement of those securities would be start coming from 2027.

Next year by october things would be realistic on the Solana chain. So we are going to see some real movements for the tokenization. You can read more here.

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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