The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.
DTCC is the latest traditional finance firm to tap tokenization and blockchain tech for operational gains.
The firm plans to offer tokenized real-world assets and equities in the U.S. building on its existing partnerships across blockchains such as Ethereum, Polygon, Hedera Hashgraph and XRP Ledger.
The two will explore potential applications of USDC and money market fund token USYC in derivatives exchanges, clearinghouses and other operations.
Using tokenized assets to satisfy margin requirements could help asset managers improve capital efficiency, said Cynthia Lo Bessette.
Blockchain oracles like Chronicle are key piece of infrastructure to connect blockchain-based assets with off-chain data.
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
Tokenized money market funds has grown sixfold in a year to 4.8 billion, currently led by BlackRock's product.
Sky, formerly MakerDAO, announced last year its plan to allocate $1 billion of reserve assets in tokenized real-world asset products.
BUIDL is a key building block for multiple yield-generating offerings as a reserve asset, and it's increasingly used as collateral on trading platforms.
Ondo Finance, BlackRock-Securitize and Superstate gained the most among the larger issuers, while Hashnote's USYC declined.
The stablecoin issuer acquired Hashnote earlier this year with plans to expand its USYC token as collateral option for institutional investors.
Gold-backed tokens have enjoyed a resurgence in activity recently as gold prices hit record highs.
Superstate Services will first support the firm's two funds with plans to expand services to other issuers as the market for tokenized securities grows.
The platform gives investors access to cash flows of nearly 1,900 apartments, while helping property owners access capital.
The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.
The asset manager's U.S.-registered version of the fund Franklin OnChain U.S. Government Money Fund has attracted $580 million in assets.
The move comes after Securitize linked to Solana to bring tokenized real-world assets to the network.
Vlad Tenev joined BlackRock CEO Larry Fink in calling for clear regulations for tokenized securities in the U.S.
Circle also said it will bring the $48 billion USDC stablecoin to the Canton Network and struck a partnership with crypto market maker Cumberland DRW to provide liquidity for USDC and USYC tokens.
RWAs are set to transform finance, with stablecoins, tokenized products and regulatory shifts in the US paving the way for 2025 growth.
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
Crypto industry leaders told Cointelegraph about the key narratives emerging in 2025, from some of the safest crypto investments to more speculative bets.
Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.
The platform has brought over $4 billion of traditional assets on-chain, ranging from renewable energy projects to mineral rights and private credit.
In the latest step in the long process of regulating crypto in the UK, the FCA is asking for feedback on two areas under its responsibility.
The protocol's governance token ENA rallied over the weekend as Donald Trump-affiliated World Liberty Financial invested in the token.
A branch of China’s Ant Group and Sui will provide a Chinese solar material manufacturer with greater exposure with tokenized assets available onchain.
Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.
Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase’s Project Diamond.