Financial giants Citi and DTCC: Tokenized collateral is technically feasible, but regulatory inconsistency is the biggest obstacle.

Citi stated that "Citi Token Services" has been launched in the United States, the United Kingdom, Hong Kong, and Singapore, and has processed billions of dollars in customer funds and settlements; the DTCC "Great Collateral Experiment" has verified that tokenized US Treasury bonds, stocks, and money market funds can be used as collateral across time zones.