Plume Joins DTCC Working Group to Advance Tokenization of $114 Trillion in Assets

Plume enters DTCC industry group focused on U.S. capital market tokenization. The initiative involves major traditional and DeFi firms, targeting the $114 trillion asset base under DTCC oversight.

Woofun AI reports that open finance platform Plume has joined a DTCC industry working group dedicated to developing tokenization services for the U.S. capital markets. DTCC manages over $114 trillion in assets and processes approximately $3.7 trillion in annual transactions. The group includes traditional finance entities like BlackRock and Goldman Sachs, alongside DeFi firms such as Ondo Finance.