Morgan Stanley becomes one of the first banks to adopt DTCC's tokenization services

Morgan Stanley announced that it has become one of the first banks to tokenize real-world assets after the launch of DTCC's Tokenization Service (DTS), having converted U.S. stocks and U.S. Treasury bonds into tokenized form.

DTS was launched on October 28, allowing for the creation of tokenized representations backed by securities held in DTC to enhance liquidity, collateral liquidity, and capital efficiency.