Morgan Stanley Among First to Adopt DTCC’s Tokenization Service
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Morgan Stanley said Nov. The service digitizes legacy instruments on DTCC rails, with Morgan Stanley among the initial adopters as Wall Street pushes RWA tokenization into core clearing and settlement infrastructure. The move matters because DTCC sits at the center of U.S. securities settlement, giving tokenized assets a path to institutional-scale use rather than isolated pilot programs. Watch for additional bank and asset-manager participants to join the service and for details on which specific instruments Morgan Stanley will tokenize first.
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Morgan Stanley (MS), Depository Trust and Clearing Corporation, Tokenization Service
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