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DTCC will plug its tokenized stocks, ETFs and Treasuries into Solana in the second half of 2027
Summary
The Depository Trust & Clearing Corporation, the backbone of U.S. securities settlement, said Thursday it plans to connect its DTCC Tokenization Service to Solana, according to Decrypt and The Block.
The integration, planned for the second half of 2027, would let eligible assets held at its Depository Trust Company subsidiary be issued as tokens on Solana, the outlets reported.
The service went live on Oct. 28 on the Canton Network and DTCC's own private Besu-based blockchain, and under an SEC no-action letter it is limited to highly liquid assets such as Russell 1000 stocks, major index ETFs and U.S. Treasuries, Decrypt reported.
DTCC said tokens on Solana will keep the same investor protections and ownership rights as traditionally held securities.
Updates
- Update, : Added CoinDesk, which confirms Solana joins Stellar and Arc on DTCC's 2027 roadmap.
- Update, : Cointelegraph adds that analysts see wallet restrictions limiting access.
Key facts
- DTCC CEO Frank La Salla said the firm is 'bringing regulated, DTC-tokenized securities to another major blockchain ecosystem, giving market participants greater choice.'
- Decrypt: DTC custodies more than $114 trillion in assets, and a DTCC fact sheet says Stellar and Circle's Arc blockchain are also expected to be added in 2027.
- Brian Steele, president of DTCC Clearing & Securities Services, said Solana tokens 'will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities.'
- The Block: Solana will be added alongside Canton and Besu.
- Decrypt: Morgan Stanley said last week it had tokenized U.S. stocks and Treasuries through the service.
- CoinDesk: the plan expands DTCC's 2027 tokenization roadmap beyond Stellar and Arc to include Solana, covering tokenized stocks, ETFs and U.S. Treasuries.
- Cointelegraph: analysts say wallet restrictions could limit adoption of DTCC's planned tokenized stocks on Solana.
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