Morgan Stanley has begun tokenizing U.S. equities and Treasurys using DTCC’s newly launched tokenization infrastructure. The bank joins 20 initial participants, including JPMorgan, Citi, BofA, Barclays and Fidelity. DTCC’s depository subsidiary holds $114 trillion in assets under custody. https://www.theblock.co/news/markets/2026-11-04-morgan-stanley-among-first-banks-to-tokenize-us-equities-treasurys-through-dtccs-service-432633