DTCC UNITED MORGAN CHASE, BELED AND GOLDMAN SACHS ADVANCED STOCK AND UNITED STATES DEBT MONETIZATION

On 15 July, the Wall Street Journal reported that the United States Deposit and Settlements Company (DTCC) was moving forward with the Wall Street asset monetization programme, which would monetize assets such as Microsoft, SPY, QQQQ and United States Treasury bonds. Participating institutions include JP Morgan, BlackRock and Goldman Sachs. The relevant institutions plan to use tokenized assets for collateral transfers, repurchase (repo) transactions and stock exchanges, with the aim of improving capital efficiency, optimizing settlement processes and upgrading traditional financial infrastructure chains。