DTCC to Tokenize Microsoft Stock, S&P 500 ETF, Nasdaq 100 ETF, and U.S. Treasuries for Wall Street Institutions

The Depository Trust and Clearing Corporation (DTCC) will tokenize Microsoft (MSFT) stock, the S&P 500 ETF (SPY), the Nasdaq 100 ETF (QQQ), and U.S. Treasuries for Wall Street institutions, according to Foresight News, citing The Wall Street Journal. DTCC has already launched its first limited live test of tokenized real-world assets today, with the official service expected to go live in October.