Ondo is gaining significant institutional traction after being selected to participate in a key working group led by DTCC. This move places Ondo in direct collaboration with established financial institutions and infrastructure leaders, working to define how traditional assets can be brought on-chain at scale.
What Ondo’s DTCC Role Means For The Broader Crypto Market
In a recent post on X, Ondo Finance has revealed that the firm has been selected to join an industry working group led by Depository Trust and Clearing Corporation (DTCC), a major initiative aimed at advancing tokenization across the United States capital markets. DTCC currently custodies over $114 trillion in assets and has processed an estimated $3.7 quadrillion in transactions annually.
The initiative focuses on building a tokenization service designed to bring the core of the US capital market infrastructure on-chain, with Ondo among the selected group of firms contributing to its design. With this
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!