Tradeweb completed a real-time tokenized U.S. Treasury trade in which Franklin Templeton transferred the security to Virtu Financial for USDCx, with Canton Network synchronizing settlement. Tradeweb handled execution and price discovery, and the release frames it as plumbing for 24/7 institutional RWA markets ahead of DTCC's Tokenization Services launch later in 2026. Trade size was not disclosed.

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