Ondo Finance (ONDO), a frequently preferred altcoin in the institutional sector and prominent in the field of tokenization, has joined the DTCC working group to design tokenization standards.
According to the official announcement, Depository Trust & Clearing Corporation (DTCC) has formed an industry working group to advance the tokenization of US capital markets.
Accordingly, DTCC announced that it has officially selected Ondo as a partner in an industry working group established to design tokenization standards for US capital markets.
OnDo Finance also announced in a statement from its X account that it has been selected for the DTCC Sector Working Group and will be involved in the development of tokenization services.
“…DTCC holds more than $114 trillion in assets and releases $3.7 trillion annually. Now it is building a tokenization service designed to bring the foundation of US capital markets to the blockchain; Ondo is among the select companies contributing to its design.”
The working group includes traditional finance (TradFi) giants such as BlackRock, JPMorgan and Goldman Sachs, as well as more than 50 cryptocurrency companies such as Circle and Robinhood.
This initiative, which involves leading traditional financial and cryptocurrency companies, aims to create guidelines that will facilitate the integration of tokenized assets into the financial system.
DTCC CEO Frank La Salle said: “…Our vision is becoming a reality: we are launching our tokenization service and building a successful bridge between traditional finance (TradFi) and decentralized finance (DeFi). Tokenization will fundamentally change the way markets work and significantly increase liquidity, transparency and efficiency.”
According to the announcement, DTC’s tokenization service will enable the tokenization of real DTC assets, providing the same rights, investor protections and ownership rights as traditionally held assets.
DTCC plans to conduct the first, limited production transactions of real assets tokenized using DTC’s tokenization service in July 2026, followed by the launch of the service in October 2026. At this point, DTCC will collaborate with this working group.
*This is not investment advice.