Odaily Planet Daily reports that Solana posted on X that Nick Ducoff, General Manager of Institutional Business at the Solana Foundation, stated that institutions are already issuing assets, settling transactions, and deploying capital on Solana. Following the integration of DTCC’s tokenization service with Solana, eligible DTC custodied assets are expected to be tokenized via this service.
Institutions issue and settle assets on Solana, with integration of the DTCC tokenization service expected.
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Summary
According to Nick Ducoff of the Solana Foundation, institutions have begun issuing assets, settling trades, and moving capital on-chain via Solana. DTCC is preparing to integrate its tokenization service with the network. Once live, eligible assets held in DTC custody could be tokenized and transferred on-chain. This advancement brings real-world asset (RWA) developments to the blockchain space as more traditional assets are digitized.
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