Morgan Stanley tokenizes US equities and Treasury bonds, becoming one of the first banks to adopt DTCC's tokenization service

Morgan Stanley has announced that it is one of the first banks to tokenize real-world assets following the launch of DTCC's Tokenization Service (DTS), having converted US equities and US Treasury bonds into tokenized form. Launched on October 28, DTS creates tokenized representations backed by securities held in custody at DTC to enhance liquidity, collateral mobility, and capital efficiency.