Market infrastructure firms warn tokenized securities face higher costs, split liquidity without interoperability

Major market infrastructure firms DTCC, Euroclear, and Clearstream warn that tokenized securities could face higher costs and fragmented liquidity without proper interoperability. They emphasize that the principle of 'same asset, same rights, same outcome' must be maintained across both DLT networks and traditional finance systems.

• →DTCC, Euroclear, and Clearstream raise concerns about tokenized securities infrastructure challenges.
• →Lack of interoperability between DLT networks and traditional systems could increase costs for tokenized securities.
• →Split liquidity is identified as a key risk without proper cross-system integration.
• →Market infrastructure firms advocate for consistent asset treatment across all platforms.
• →The warning highlights potential barriers to widespread tokenized securities adoption.