According to Wu, Morgan Stanley has announced it is among the first banks to adopt the Depository Trust and Clearing Corporation (DTCC) Tokenization Service (DTS) to convert U.S. stocks and U.S. Treasury bonds into tokenized forms. Launched on October 28, the service aims to create tokenized representations of securities held in custody by the DTC to improve asset liquidity, collateral turnover efficiency, and capital utilization efficiency. [https://www.(wublock123.com)/news/morgan-stanley-first-bank-adopts-dtcc-tokenization-services-71286]