source avatarDinhTien | Backpack 🎒

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Tokenization just left the lab. DTCC—the backbone of Wall Street’s post-trade infrastructure—has converted custodied securities into tokens and used them in live production trades involving more than 30 institutions. Its full service is scheduled for October, while @Backpack is among the industry participants helping shape the initiative. RWA is no longer about simply putting stock prices onchain. It is about preserving ownership rights and investor protections while allowing assets to move 24/7 between TradFi and blockchain markets. Wall Street isn’t disappearing. It’s upgrading the rails🎒

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