DTCC advances tokenization with Ripple Prime, BlackRock, and major banks to bridge TradFi and DeFi.

The Depository Trust & Clearing Corporation (DTCC) has progressed its tokenization service by forming a coalition including Ripple Prime, BlackRock, Bank of America, and Goldman Sachs. This initiative aims to create a unified infrastructure that connects traditional finance with decentralized finance (DeFi), enabling blockchain transparency while maintaining legal protections for institutional investors. Ripple Prime's involvement signals growing acceptance of its technology among conservative financial players. The next phase involves testing interactions among participants, with Ripple Prime's tools potentially serving as early testing grounds for new liquidity standards in tokenized securities.