Plan #DTCC for digital liquidity tokens: new patent integrating XRP Ledger and Stellar blockchain in the interoperable management of assets.👀
The Depository Trust & Clearing Corporation (DTCC) processes nearly $4 quadrillion in securities annually. To modernize this vast infrastructure, DTCC has filed a patent titled "Systems, methods, and media for managing digital liquidity tokens on a distributed ledger platform" (US20250078162A1). This patent describes a framework for tokenizing liquidity across various asset classes, integrating digital assets such as XRP and XLM. It complements the previously discovered DTCC patent focused on hierarchical delegation of rights.
Tokenization of liquidity: a new class of market infrastructure.
The central concept introduced in this DTCC patent is the liquidity token, which represents ownership in a market-making function between two assets. Instead of relying on centralized market makers or arbitrage strategies, the patent proposes a programmable liquidity mechanism fully managed on-chain. These tokens can generate value through trading activity and price fluctuations that reflect liquidity demand, not just supply.
Each liquidity token includes:
A unique token identifier,
Wrapper logic to convert non-fungible tokens (NFTs) into fungible and divisible instruments,
Integration with valuation functions and compliance policies,
Ownership of the assets involved in market making.
This structure allows for a system where capital flows toward asset pairs with higher liquidity demand. The tokens incentivize participation by rewarding holders with income linked to network usage. The architecture supports fractional ownership and recursive nesting of assets, creating flexible fund structures similar to ETFs and structured credit funds.