Tokenized Assets Tap Traditional Financial Plumbing
Ondo Finance has become the first tokenization company to join DTCC's Fund/SERV platform, which processes 85% of U.S. mutual fund transactions.
This move highlights the increasing integration of blockchain technology and traditional finance systems.
DTCC's Fund/SERV is a centralized platform that handles a significant portion of U.S. financial transactions.
Tokenization involves converting traditional assets into digital tokens, which can be traded on blockchain platforms.