Mirae Asset Signs On to DTCC's Tokenized Securities Service
RWA Signal Insight
InfrastructureMirae Asset Securities' New York unit has officially joined the Depository Trust & Clearing Corporation's (DTCC) Tokenized Securities Service (DTS) as one of 20 initial institutional participants. This strategic move allows the firm to integrate blockchain-based tokenization into its existing post-trade workflows, including clearing, settlement, and custody. By leveraging DTS, Mirae Asset aims to enhance capital efficiency and explore new use cases for tokenized securities as collateral within the U.S. capital markets. The service acts as a bridge between traditional financial infrastructure and digital asset ecosystems, enabling the conversion of conventional securities into blockchain-based tokens while maintaining investor protections. Other major global financial institutions, including JPMorgan, Morgan Stanley, Bank of America, Citi, and Fidelity, are also participating in the initial rollout. This adoption signifies a growing institutional commitment to standardizing tokenized asset infrastructure within regulated environments. For the broader RWA market, this integration represents a critical step toward interoperability between legacy financial systems and distributed ledger technology.
Key points
- Mirae Asset Securities joined DTCC's Tokenized Securities Service (DTS) alongside 19 other global institutions.
- DTS enables the conversion of traditional securities into blockchain-based tokens for clearing and settlement.
- The initiative focuses on improving capital efficiency and utilizing tokenized assets as collateral.
- DTS preserves existing ownership rights and investor protections within the digital asset ecosystem.
Background
The Depository Trust & Clearing Corporation (DTCC) is the primary financial market infrastructure provider for the U.S. securities industry, managing the clearing and settlement of trillions of dollars in transactions. Its Tokenized Securities Service (DTS) is designed to allow traditional financial firms to represent securities as digital tokens on a blockchain while remaining within the established regulatory and operational framework of the Depository Trust Company (DTC).