Institutional Crypto Infrastructure: DTCC Tokenization Live, Google MPC Custody
DTCC launched its securities tokenization service with 34 assets available at launch, while Google is previewing an MPC-based crypto custody system being tested by major financial institutions.
What we know
DTCC's tokenization service is now live with 34 securities available, enabling 24/7 peer-to-peer blockchain transfers backed 1:1 by securities held at DTC: @TheBlockCo. Google is separately previewing a multi-party computation (MPC) crypto custody system currently being tested by major financial institutions: An account on X. Ethena also launched 'Earn+' offering up to 12% APY on USD in its Pay app: Another account on X. Analyst Chris Caso flagged semiconductor names positioned to benefit from Anthropic's anticipated IPO: Another account on X.
Sources
“DTCC's tokenization service now live, 34 securities available to tokenize at launch”
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