XLM price jumps as DTCC taps Stellar for Wall Street tokenisation push

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Stellar’s XLM token has posted one of the strongest rallies in the crypto market this week after the Depository Trust & Clearing Corporation (DTCC) confirmed plans to connect its upcoming tokenisation platform to the Stellar blockchain. XLM climbed more than 16% in 24 hours and traded around $0.171 on early Thursday. Over the past seven days, the token has recorded a 17.5% gain, while daily trading volume has surged to more than $771 million. DTCC plans tokenised equities, ETFs and treasuries on Stellar DTCC has revealed that its Digital Custody Trust (DTC) tokenisation service will integrate with Stellar as part of a broader multi-chain strategy aimed at bringing traditional financial assets onto blockchain networks.

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Telemac
Telemachttp://cryptoinfo.ch
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