Mirae Asset Securities' US subsidiary joins DTCC tokenization group

Mirae Asset Securities' U.S. subsidiary announced today that it has joined a tokenization working group led by the Depository Trust & Clearing Corporation (DTCC), the largest securities depository and clearinghouse in the United States, Digital Asset reported. The DTCC, which provides the core infrastructure for clearing, settlement, and custody in U.S. capital markets, is spearheading discussions with global financial firms to build and standardize a token-based securities market infrastructure. Other members of the working group include JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock, Citigroup, UBS, and the New York Stock Exchange.