Post-trade infrastructure provider The Depository Trust & Clearing Corp. (DTCC) is partnering with Digital Asset Holdings and the Canton Network to launch the tokenization of custodied assets from the Depository Trust Co. (DTC) on the Canton Network, officials say. The collaboration “creates a roadmap to bring real-world, high-value tokenization use cases to market, starting with… Read More >>
FICC Seeks SEC Approval for Triparty Clearing for Treasuries
The Fixed Income Clearing Corp. (FICC) may be able to offer triparty clearing in time for expanded U.S. Treasury clearing rules via a new offering, dubbed the ACS Triparty Service, within its Agent Clearing Service (ACS) capabilities. However, the Securities and Exchange Commission (SEC) must agree to a rule change requested by FICC officials. “As… Read More >>
