šŸ”„BOMBAZOšŸ”„

Do you still need more proof that the system is transforming?

šŸ’„Nadine Chakar, global CEO of DTCC Digital Assets, CONFIRMS that the biggest transformation of the system we've ever seen starts on July 13th.

* The DTCC confirmed it is moving forward with the tokenization service of the DTC and has called on over 50 firms for its development, including #Ripple and #BlackRock⁩ . All of this kicks off on 07/13.

* The DTCC is the largest infrastructure in the world for the settlement and custody of securities in the United States.
* It ensures that when you buy a stock, bond, or ETF, everything settles correctly, ownership is transferred, the money moves, and risks are mitigated.

So what is the tokenization of the DTC?

šŸ“The DTC is the Central Securities Depository (like a giant digital vault) of the DTCC that holds assets valued at over 114 TRILLION dollars.
šŸ“Basically, the DTCC will convert the real securities it already holds in the DTC into blockchain tokens (digital assets), starting on July 13th $XRP $HBAR .