DTCC Tokenization Dismissed as 'Tokens In Name Only'
DTCC's announcement of tokenized assets on permissioned Besu or Canton networks is being criticized as misleading, with commentators arguing permissioned networks offer none of the real benefits of blockchain-based ownership.
What we know
An account on X RTd another account on X calling out DTCC's framing as misleading — coining the term 'TINO: Tokens In Name Only.' The criticism centers on DTCC's choice of permissioned infrastructure, which lacks the open access, censorship resistance, and self-custody properties that give public blockchain tokenization its value. This reflects a broader ongoing tension in TradFi's crypto adoption between genuine decentralization and regulatory-friendly walled gardens.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.