Building the Path Towards Digital Asset Securities Interoperability
Overview
DTCC, Clearstream and Euroclear sit at the centre of securities settlement in the United States and Europe. Working with Boston Consulting Group, they set out how digital asset securities issued on different platforms could interoperate with one another and with the existing market infrastructure that already settles trillions in traditional securities.
Why it matters
Tokenization at institutional scale depends less on any single platform than on whether assets can move between them. When the incumbent settlement institutions describe a path to interoperability, it signals how tokenized securities are likely to be connected to the existing system rather than built beside it.
Key subjects
- Interoperability between ledgers
- Role of financial market infrastructures
- Settlement and asset servicing
- Industry standards and coordination
Related resources
- The Next-Generation Monetary and Financial SystemBank for International Settlements, 2025
- Project Guardian ↗Monetary Authority of Singapore
- BIS Innovation Hub ↗Bank for International Settlements
This brief is TokenShares' own independent summary. TokenShares is not affiliated with DTCC, Clearstream, Euroclear and Boston Consulting Group; the original publication is the authoritative source.