The Depository Trust & Clearing Corporation plans to let eligible securities held at its Depository Trust Company be tokenized on Solana, with the integration due in the second half of 2027, the group said on Thursday. DTCC, which CryptoWatchDesk last covered in October when it launched the service with 20 firms signed up, runs the DTCC Tokenization Service on Canton and its own private Besu network today.
The constraint is not the chain. DTC holds more than $114 trillion of assets, but only 34 securities were eligible at launch, from a no-action letter that covers Russell 1000 stocks, major index ETFs and Treasuries. Thursday’s news is a plan for 2027, not a launch, and it does not widen that list.
DTCC says the Solana link will support the conversion of eligible assets into tokens and the “token lifecycle” functions that follow. Tokens on Solana “will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities,” DTCC Clearing & Securities Services president Brian Steele said. The Solana Foundation distributed the same release.
Solana is not the only network queued for 2027: a DTCC fact sheet also lists Stellar and Circle’s Arc, Decrypt reported. Elsewhere, a NYSE-affiliated tokenized securities platform picked Avalanche as its ledger on Monday, and J.P. Morgan Asset Management’s tokenized money market funds reached Solana in October.
Morgan Stanley, one of the 20 launch participants, said in a post on X on 4 Nov that it had already converted US equities and Treasuries through the service. Background: tokenized stocks.
This article is for information only and is not investment advice.