DeFi· ★★★· neutral·

DTCC, Citi and Swift: interoperability is the key to tokenization

  • —White paper sees a hybrid future of legacy networks, private ledgers and public blockchains
  • —Interoperability and programmability named the two pillars of institutional markets
  • —Swift: its blockchain ledger for tokenized deposits will connect at least 19 banks by year-end
  • —Regulatory clarity, legal certainty and investor protection are prerequisites
Why it matters: If the largest settlement infrastructures link blockchains to TradFi, tokenization could move from pilots to industrial scale.
Source: TokenPost