[Brief] Wall Street Clearing Giant DTCC Seeks Blockchain to Tokenize Corporate Actions
DTCC CEO Frank La Salla said the clearing giant is working with Layer-1 blockchains to bring corporate actions such as dividend payments onchain.
La Salla said DTCC plans to process millions of corporate actions through blockchain technology, though challenges remain for large-scale adoption. This represents a significant step by traditional Wall Street financial infrastructure toward blockchain technology.