Ripple Prime joins the DTCC tokenization pilot working group, with participating institutions including BlackRock, JPMorgan Chase, and HSBC.

CoinFeed reported on May 5th that, according to ETHNews, Ripple Prime has joined the tokenization pilot working group of the Depository Trust and Clearing Corporation (DTCC) in the United States. Other participating institutions include BlackRock, JPMorgan Chase, HSBC, Anchorage Digital, Bank of America, and BitGo Bank. The report states that the working group aims to promote the development of infrastructure and industry standards related to tokenized securities, covering various market roles such as custodians, asset managers, brokers, exchanges, application providers, and back-office service providers. The DTCC previously stated that it plans to launch initial limited production trading of tokenized assets in July 2026 and fully commercialize related services in October 2026.