Morgan Stanley has joined the DTCC’s DTC Tokenization Service, launched in production on October 28, to convert securities held in custody into tokens. The move marks a transition from experimentation to institutional adoption and could improve equity liquidity as well as the use of collateral in lending. Chainlink is also expanding its data feeds to more than $40 trillion in Asian equity markets, including China, Japan, South Korea, Taiwan, and Hong Kong. These feeds are already available on Lighter, Jupiter Exchange, and Predict. Durable adoption will nevertheless depend on rising transaction volumes, liquidity, and settlement activity, rather than simply on the number of assets made accessible through blockchain.
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