From BigGo Finance · BigGo Finance · · 1m
Ripple Prime Joins DTCC Tokenization Group
Ripple Prime joins DTCC's 50-firm tokenization group but XRP has no confirmed role.
In brief
Ripple Prime joins DTCC's 50-firm tokenization group but XRP has no confirmed role. Ripple Prime is in DTCC's 50-firm tokenization working group without XRP being confirmed for settlement. Originally reported by BigGo Finance.
Ripple Prime Joins DTCC Group
Ripple Prime is now one of more than 50 firms working with the Depository Trust & Clearing Corporation on infrastructure for tokenized securities.
Key Participants
The working group includes BlackRock, JPMorgan, Goldman Sachs, Circle, and Robinhood.
Production Trials
Production transactions ran on July 15 with more than 30 organizations using Canton Network and LFDT's Besu infrastructure.
XRP's Status
Ripple Prime's involvement does not confirm XRP Ledger or XRP will be used for settlement.
Stellar Timeline
DTCC expects tokenized assets on Stellar in the first half of 2027.
Market Impact
Tokenized Treasuries and equities could become standard U.S. post-trade plumbing without displacing legal protections.
The short version
Ripple Prime is in DTCC's 50-firm tokenization working group without XRP being confirmed for settlement.
