The Depository Trust & Clearing Corporation (DTCC) has launched a securities tokenization service, marking a significant step toward integrating blockchain technology with traditional US financial market infrastructure.
Summary
- The service, which went live on October 28, 2026, initially supports 34 securities, with 20 financial institutions signed up to participate.
- The initiative is being implemented through the Depository Trust Company (DTC), a DTCC subsidiary responsible for securities custody and settlement.
- The new service enables eligible financial institutions to convert securities held in DTC custody into blockchain-based tokens while preserving the underlying ownership rights, investor protections, and economic entitlements associated with the original assets.
- The initial deployment connects to the Canton Network and DTCC’s private blockchain built using Besu, an Ethereum client.
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