Citi and DTCC Announce That Tokenized Collateral is Ready

Tokenized Collaterals Know No Boundaries

Citi, DTCC, and Taurus executives stated at the SmartCon event in New York that tokenized money and collateral have transcended boundaries in current live transactions. This technology is ready, but legal gaps in different jurisdictions are slowing down global adoption processes.

Coordination Lacking in Legal Standards

A lack of coordination in legal standards poses a risk not only of delays but also of fragmentation, conflicting rules, and incompatible systems. The executives emphasized that if these issues are not addressed, the integrity and efficiency of financial systems could be jeopardized.