Morgan Stanley says it is among the first banks to tokenize real world assets

Morgan Stanley said it is among the first banks to tokenize real-world assets, following the Oct. 28 launch of the Depository Trust & Clearing Corporation’s Tokenization Service (DTS). The move places a major Wall Street institution among early adopters of blockchain-based representation of traditional assets, alongside the industry-owned clearing utility’s new infrastructure. The announcement did not disclose specific token prices, total value locked, volumes, market capitalization or funding figures. It matters because bank participation could accelerate adoption of tokenized securities and cash equivalents, lending institutional credibility to a market that has largely been led by crypto-native firms and asset managers. What to watch next is which asset classes Morgan Stanley tokenizes first, whether other large banks follow, and how DTS usage and on-chain volumes develop.