The Depository Trust & Clearing Corporation (DTCC) has launched ComposerX, a comprehensive suite of platforms designed to streamline token creation and settlement with the objective of accelerating digital asset adoption throughout the financial ecosystem. ComposerX is a complete, end-to-end suite for managing digital assets through their full lifecycle – including issuance, distribution, servicing, and reporting. ComposerX provides powerful transaction, account and inventory management capabilities, scalable data management tools, and an open smart contract framework for tokenization that’s designed to automate complex financial processes and enable asset discoverability with reconcilable, self-describing data. “We’re excited to launch the ComposerX suite, which provides firms with the tools they need to usher in a new era of institutional DeFi,” said Nadine Chakar, Global Head of DTCC Digital Assets. “This is a milestone in DTCC’s journey to lead the industry toward the development of a digital financial markets ecosystem, where digital assets are treated with the same care afforded to traditional securities.”
