SEC & DTCC: the $100 trillion green light

[Our daily CEO briefing for PRO readers; PDF at the bottom]

For 4 decades, DTCC operated the only “golden record” of who owns what in America. Every share. Every bond. Every Treasury. Guarding $100T in assets.

On December 11, the SEC handed it the keys to the future. With a historic No-Action Letter, the regulator didn’t just allow the DTCC to experiment with blockchain. It allowed it to tokenise the entire U.S.…