Mirae Asset Securities Joins DTCC-Led Group for Token-Based Securities Standardization

Mirae Asset Securities' U.S. subsidiary has become part of a working group led by the Depository Trust & Clearing Corporation (DTCC) aimed at standardizing the infrastructure for token-based securities markets. According to NS3.AI, the DTCC is responsible for the core clearing, settlement, and custody infrastructure in the U.S. financial markets. The group also includes major financial institutions such as JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock, Citigroup, UBS, and the New York Stock Exchange. This collaboration seeks to enhance the efficiency and security of token-based securities transactions.