A timely announcement last night by the SEC that the world’s most important clearing agent, the DTCC, has been authorized to tokenize highly liquid assets…The news comes on the heels of a recent article in The Economist by Larry Fink describing how tokenization will transform modern finance and go beyond liquid assets into private assets.
Médecins-Sans-Frontières has already been benefitting from receiving donations in return for digital art tokens (NFTs) that represent the disease, region and treatment by Geneva based artist RVig alongside receiving staking rewards from Ethereum token holders.
The Economist: How Tokenization could transform modern finance – by Larry Fink and Rob Goldstein
“Ledgers have not been this exciting since the inventions of double-entry book-keeping”.
Stock market transactions were settled with paper certificates and sent by a courier. In 1977 SWIFT standardized electronic messaging between banks and now transactions happen in milliseconds.
Tokenization will record ownership on digital ledgers which will greatly expand the work of investable assets beyond the listed stocks and bonds that dominate markets today. Transactions will settle instantaneously and private market assets that are still heavily paper intensive can be tokenized, ie. replacing paper with code will also broaden participation. Tokenization is today where the internet was in 1996., when Amazon had sold just $16m worth of books.
SEC authorized the DTCC to tokenize real world assets…
The US Regulator SEC has just authorized the Depository Trust, Clearing Corporation (DTCC) to tokenize real-world assets that are held in its custody.
In 2024, DTCC’s subsidiaries globally processed US transactions worth $3.7 quadrillion, its depositary subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at $99 trillion.
The DTC is authorized to offer a tokenization service for DTC participants and their clients on pre-approved blockchains for three years.
The digital version of the real world assets will all have the same entitlements, investor protections and ownership rights as the assets in its traditional form and applies to a defined set of highly liquid assets, including the 1000 largest public traded US companies by marketcap, ETFs, US Treasury Bills, bonds and notes.
https://www.dtcc.com/news/2025/december/11/paving-the-way-to-tokenized-dtc-custodied-assets
Blockchain for Good: Médecins Sans Frontières
Doctors Without Borders—founded in 1971 in Paris and now employing over 68,000 people across 75 countries, continues to find innovative ways to raise funds amid a challenging global environment. MSF provides medical assistance to people affected by conflict, epidemics, natural disasters, or exclusion from healthcare.
Two initiatives showcase how blockchain can power social impact:
- Art4Care:
Donors can contribute by purchasing NFTs created by RVig, a Geneva-based digital artist. Each NFT represents a specific region, country, or medical initiative—linking digital ownership directly to tangible field operations.
https://art4care.msf.ch/#:~:text=Own%20Unique%20NFT%20Art%20%7C%20Fund,Who%20are%20we%20? - Stake2Care:
Ethereum holders can stake their ETH through the Lido protocol and donate the staking rewards to MSF and the income generated from staking is directed to support MSF’s humanitarian work.
https://stake2care.msf.ch/