DTCC targets 2027 rollout of tokenization service on Stellar
The Depository Trust & Clearing Corporation (DTCC) has announced plans to integrate its tokenization service with the Stellar public blockchain, advancing a strategy to support its multi-chain digital market infrastructure.
The collaboration is expected to enable DTC-custodied real-world assets to be issued in tokenized form on Stellar, with availability targeted for the first half of 2027.
The initiative follows a December 2025 SEC No-Action Letter permitting DTC to launch a tokenization service for traditional financial assets, allowing them to be used in digital markets while retaining standard investor protections and regulatory safeguards.
DTCC said the development would unlock efficiencies such as faster settlement, improved collateral mobility, and lower transaction costs.
“We are committed to expanding opportunities for market participants to utilize tokenized assets to access deeper liquidity, achieve greater efficiency and increase transparency on a public blockchain, while retaining the same investor protections and safeguards participants are used to today for traditionally held assets at DTC,” “This collaboration represents another step forward in DTCC’s efforts to build an open,” said Frank La Salla, President and Chief Executive Officer of DTCC. “Tokenization can enable new levels of transaction and capital efficiency, observability and collateral mobility as well as support extended trading hours.”
DTCC and the Stellar Development Foundation said they would jointly develop functionality for the full lifecycle of tokenized assets, including corporate actions and reporting, while also evaluating early use cases involving high-liquidity instruments like index constituents, ETFs, and US Treasuries.
Commenting on the move, Stellar Development Foundation CEO Denelle Dixon said the DTCC integration bridges public blockchain networks to regulated market infrastructure. She added that Stellar’s compliance-focused architecture and risk management capabilities were built to serve as a dependable rail for institutional-grade markets.
“Stellar’s proven track record with institutional assets onchain is an important factor in our evaluation of blockchain networks” Nadine Chakar, Managing Director and Global Head of DTCC Digital Assets at DTCC, commented. “Its emphasis on compliance, transaction throughput and low-cost operations meets our rigorous standards and will help ensure we’re ready for growth as usage of blockchain networks for real-world assets transactions increases.”
DTCC will begin enabling live transactions of tokenized securities in July, with a full-scale commercial launch scheduled for October.
The initiative includes participation from over 50 major financial institutions across both the traditional and digital finance sectors. Participants include JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America, BlackRock, and Charles Schwab, alongside crypto-native firms such as Kraken, Anchorage Digital, Ondo Finance, and Fireblocks.
At launch, the system will operate on approved blockchain networks for a three-year period and extend full legal rights and protections to tokenized versions of traditional assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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