Some firms estimate the DTCC Tokenization Service could increase balance sheet efficiency between 30% to 50% when it fully launches in October. Steele added: “DTCC successfully showcased how tokenization can enable real-time collateral mobility, enhance liquidity and capital efficiency, reduce counterparty risk and support interoperability between traditional and digital ecosystems.” Kelly Mathieson, chief business development officer at Digital Asset, told Markets Media that as well as preparing for the launch of the DTCC Tokenization Service, Digital Asset is working on bringing more real world assets, capital markets, and financial services onchain. Digital Asset has been working with financial institutions who have estimated that the DTCC Tokenization Service could increase balance sheet efficiency by between 30% to 50%, increasing their trading capacity. Franklin Templeton Digital Assets has become a super validator on Canton.