Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBDOGEADAAVAXLINKTONDOTLTCTRXPOLUSDTUSDCSUIHBARSHIBBCHXLMNEARAPTARB

← Back to NewsDesk

AI summary of a third-party reportBullishNewsDesk

DTCC says it will connect tokenised securities service to Solana in 2027

The US settlement giant plans to link its DTCC Tokenization Service to Solana in the second half of 2027, letting eligible DTC-held stocks, ETFs and Treasuries be issued as tokens on the network.

Why it matters: The DTCC sits at the centre of US securities settlement, so linking its tokenised stocks and Treasuries to a public blockchain gives institutional tokenisation a route onto Solana.

InvestIn.News NewsDesk · 1 min read
Share
Picture from Decrypt for: DTCC says it will connect tokenised securities service to Solana in 2027
Image: Decrypt
Original reporting: Decrypt Agent, Decrypt

Key points

  • The DTCC Tokenization Service went live on 28 October on the Canton Network and DTCC's private Besu-based chain.
  • Tokens on Solana will cover Russell 1000 stocks, major index ETFs and US Treasuries under an SEC no-action letter.
  • DTC custodies more than $114tn in assets; Stellar and Circle's Arc are also due to be added in 2027.

The Depository Trust & Clearing Corporation plans to bring its tokenised securities to Solana, the US settlement group said on 12 November.

The service went live on 28 October on the Canton Network and on DTCC's own private blockchain, which is built on the Besu framework.

DTCC chief executive Frank La Salla said the move gives market participants more choice over where they access and use tokenised assets. Morgan Stanley said in the week of 2 November it had tokenised US stocks and Treasuries through the service.

Solana has been courting traditional finance.

What to watch: Solana, Stellar and Circle's Arc are expected to be added to the service in 2027, with the Solana integration planned for the second half of that year.

Read the full story on Decrypt

Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Decrypt’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

← Back to NewsDesk