DeFi· ★★★· bullish·

DTCC invests in iCapital, partners on DLT and tokenization for private markets

  • —DTCC announced a strategic investment in iCapital alongside a partnership
  • —The firms will integrate DTCC's alternative investment products with iCapital's platform
  • —They will explore DLT and tokenization applications in private markets
  • —DTCC's Talia Klein will join iCapital's board as an observer
Why it matters: The largest US clearinghouse moving into private-asset tokenization could accelerate institutional adoption of DLT.
Source: PANews