Crypto SWOT: U.S. spot bitcoin ETFs saw $430.2 million in net outflows on November 5
Morgan Stanley is among the first major banks to use the Depository Trust & Clearing Corporation's (DTCC) new tokenization service to create blockchain-based representations of U.S. stocks and Treasury securities. The initiative highlights growing institutional adoption of #
blockchain# technology and could improve settlement efficiency, collateral mobility and liquidity in traditional financial markets. The involvement of major Wall Street institutions underscores the increasing convergence of conventional financial infrastructure and digital assets.
Commentary by Frank Holmes
@bulldogholmes