DTCC to Bring Tokenized Securities to Solana, Expanding $114T Custody Giant’s Reach

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2 hours ago

The Depository Trust & Clearing Corporation (DTCC) plans to extend its recently launched tokenization service to Solana in 2027, adding another major blockchain to its expanding infrastructure for bringing traditional securities onchain.

Key Takeaways

  • DTCC plans to extend its tokenization service to Solana in the second half of 2027, enabling eligible securities held in DTC custody to be represented and transferred onchain.
  • DTCC launched its tokenization service on October 28, initially supporting Canton Network and a private Besu blockchain, with 20 major financial institutions signing agreements to participate.
  • The Solana expansion follows a planned Stellar integration in early 2027, as DTCC works to bring traditional securities onto multiple blockchain networks.

In a Thursday announcement, DTCC said its Tokenization Service (DTS) will connect with the Solana Layer 1 network in the second half of 2027. The integration is expected to allow eligible securities held by DTCC subsidiary Depository Trust Company (DTC) to be converted into blockchain-based tokens, supporting faster asset transfers and collateral management.

“DTCC is bringing regulated, DTC-tokenized securities to another major blockchain ecosystem, giving market participants greater choice in where they access and utilize tokenized assets while preserving the protections of traditional markets and expanding opportunities for liquidity, collateral mobility, and capital efficiency,” said DTCC President and CEO Frank La Salla, in a statement.

The move comes just two weeks after DTCC officially launched DTS on October 28, as previously reported by Bitcoin.com News. The service initially supported the Canton Network and DTCC’s private Besu blockchain, with additional integrations planned for 2027.

DTS lets eligible institutions create digital representations of securities held in DTC custody. These tokens can move between designated digital wallets and be converted back into traditional securities entitlements while retaining their existing ownership rights and investor protections.

DTCC’s custody operation oversees more than $114 trillion in securities, although only eligible assets are available for tokenization under the service.

Twenty major financial institutions signed agreements to access DTS at launch, including JPMorgan, Morgan Stanley, Bank of America, Barclays, Citi, Fidelity Investments, and UBS. The service was developed with input from more than 150 financial industry firms.

The Solana expansion also follows DTCC’s earlier agreement with the Stellar Development Foundation, announced in May. That collaboration is expected to bring eligible DTC-custodied assets to Stellar in the first half of 2027, ahead of the planned Solana integration.

Both projects build on regulatory clearance received in December 2025, when the U.S. Securities and Exchange Commission issued a no-action letter permitting DTC to tokenize certain Russell 1000 stocks, exchange-traded funds tracking major indexes, and U.S. Treasury securities.

In July, DTCC completed live tokenized securities transactions involving more than 30 firms, including BlackRock, Goldman Sachs, JPMorgan, Nasdaq, and NYSE. The exercise tested blockchain-based workflows for securities settlement, lending, collateral management, and other institutional activities.

For Solana, the planned integration represents another opportunity to attract traditional financial activity onto its blockchain.

“Institutions choose Solana because it already runs real financial activity at scale,” said Nick Ducoff, general manager of institutional at the Solana Foundation, in a statement. He said connecting DTS would allow tokenized securities to settle and move onchain more easily.

DTCC has not disclosed which specific securities will become available on Solana or how many participating institutions will use the integration. The expansion underscores DTCC’s strategy of connecting established securities infrastructure with multiple blockchain networks rather than concentrating tokenized assets on a single platform.

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