Morgan Stanley Tokenizes US Stocks and Bonds via DTCC

Morgan Stanley has begun tokenizing US stocks and bonds through the Depository Trust & Clearing Corporation (DTCC).

The move is part of Morgan Stanley's efforts to increase efficiency and reduce costs in securities trading.

Tokenization involves converting traditional securities into digital tokens that can be easily transferred and stored on a blockchain.

The DTCC will provide the necessary infrastructure to support the tokenization process.