Wall Street Goes On-Chain as DTCC Processes Live Tokenized Trades and Anthropic Targets Record-Breaking IPO

The global cryptocurrency market cap has reached $2.22T, up by 3.11% over the last day, according to CoinMarketCap data.

BTC is trading at $64,030, down by 1.24%, while major cryptocurrencies like BANK, DGB, and ONDO are up by 32%, 30%, and 15%, respectively.

The Depository Trust & Clearing Corporation has processed its first live production tokenized securities trades on Wednesday, marking a milestone for Wall Street's adoption of blockchain infrastructure. The trades involved equities, ETFs, and Treasuries with full legal rights, and were carried out by over two dozen institutions including JPMorgan, Goldman Sachs, BlackRock, and Vanguard.

Ahead of this development, Anthropic is targeting a $965B October IPO through Morgan Stanley, Goldman Sachs, and JPMorgan. This would make it one of the largest private companies to go public, with a valuation that eclipses OpenAI's.