DTCC to demonstrate blockchain-based real-time stock settlement

The U.S. Depository Trust & Clearing Corporation (DTCC) plans to demonstrate a blockchain-based, real-time stock trading and settlement process, according to The Information. The demonstration aims to test the efficiency of clearing, settlement, and record-keeping, and is considered a significant step toward the adoption of on-chain securities infrastructure in traditional finance. However, the outlet noted that the project's scope is currently limited and serves more as a technology validation than a full-scale migration of the stock market to blockchain.