PANews May 5 news, according to ETHNews report, Ripple Prime has joined the U.S. Depository Trust & Clearing Corporation (DTCC) tokenization pilot working group, with participating institutions including BlackRock, JPMorgan, HSBC, Anchorage Digital, Bank of America, BitGo Bank, and others.

It is reported that the working group aims to promote the infrastructure and industry standards related to tokenized securities, covering various market roles such as custodians, asset management companies, brokers, trading venues, application providers, and back-office service providers.

DTCC had previously stated plans to promote limited production trading of tokenized assets by July 2026, with a full commercial launch of related services scheduled for October 2026. This plan will support tokenization services for major index ETFs, components of the Russell 1000 index, and U.S. Treasury bonds.

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