BlackRock, Goldman, and JP Morgan Will Give Tokenized Stocks a Try

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BlackRock, Goldman, and JP Morgan Will Give Tokenized Stocks a Try

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BlackRock, Goldman, and JP Morgan are participating in a pilot with nearly 40 financial firms to test tokenized stocks and U.S. treasuries through the Depository Trust & Clearing Corporation. This initiative aims to increase efficiency and reduce costs in securities transactions.

The Depository Trust & Clearing Corporation is working with nearly 40 financial firms in a pilot to test tokenized stocks and U.S. treasuries.