DTCC, Wall Street's clearinghouse, works with blockchains to tokenize corporate actions

CoinDesk Staff

(10:29 PM UTC)

1 min read

DTCC CEO Frank La Salla said the clearing giant is working with layer-1 blockchains to bring millions in corporate actions like dividend payments onchain, but challenges remain.

Wall Street's clearinghouse is working with blockchain developers to bring one of capital market's least glamorous but most operationally complex functions onchain: corporate actions.

Frank La Salla, CEO of the Depository…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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