DTCC selects Canton Network to tokenize US Treasury bonds
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Canton Network creator Digital Asset will assist in the tokenization of US Treasuries held in custody by DTC. DTCC recently received a "no-action letter" from the SEC, granting approval to implement and operate a new service to tokenize real-world assets held in custody by DTC. DTCC will join the Canton Foundation and serve as co-chair alongside Euroclear.
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