Morgan Stanley among first banks to tokenize US equities, Treasurys through DTCC’s service

Key points

• Morgan Stanley has become one of the first major banking institutions to tokenize United States equities and Treasurys.
• The financial giant executed the conversion through a new tokenization service provided by the Depository Trust & Clearing Corporation.
• This initiative highlights growing institutional adoption of blockchain technology to represent traditional financial assets as digital tokens.

Summarized automatically by Kryptokite from reporting by The Block. Read the original sources for full detail.