# Digital asset leaders from Citi, JPMorgan and DTCC said blockchain-based rails are moving into production.

*fintech · news · 2026-05-05 · CoinDesk*

## Key points

- Citi's tokenized deposit system now moves billions, up from millions one year ago.
- JPMorgan's Kinexys blockchain platform has processed over $1 trillion in transactions to date.
- DTCC is initiating the migration of parts of its $150 trillion securities infrastructure onto a shared digital layer.
- Firms are integrating blockchain to address specific pain points like collateral, liquidity, and cross-border payments.
- Panelists clarified that key intermediation roles will persist despite increased blockchain adoption.

**Companies:** Citi, JPMorgan, DTCC, Animoca Brands
**Countries:** United States

[Read the full story on CoinDesk](https://www.coindesk.com/business/2026/05/05/tokenization-won-t-disrupt-banking-rails-but-improve-them-wall-street-executives-say)

---

Canonical: https://newsio.io/n/edd61271-a18b-4a59-9130-e19ed7061ce7/digital-asset-leaders-from-citi-jpmorgan-and-dtcc-said-blockchain-based-rails-ar
Summarized by Newsio from CoinDesk. https://newsio.io/how-it-works