DTCC Selects Stellar for Tokenized Securities Network in 2027

• DTCC plans to make DTC-custodied tokenized assets available on Stellar during the first half of 2027.
• The initiative follows SEC approval allowing DTCC to tokenize traditional securities while maintaining existing investor protections.
• Initial tokenization discussions include U.S. Treasuries, ETFs, and Russell 1000 securities as part of a broader multi-chain strategy.

DTCC has selected Stellar as the first public blockchain connected to its upcoming tokenized securities platform. According to DTCC and the Stellar Development Foundation, DTC-custodied assets will become available on Stellar in the first half of 2027, following regulatory approval received from the U.S. Securities and Exchange Commission in December 2025.

The initiative follows a No-Action Letter issued by the SEC in December 2025. According to DTCC, the approval allows The Depository Trust Company to implement and operate a service for tokenizing DTC-custodied assets.

As a result, market participants will gain access to traditional assets within a digital environment. DTCC said tokenized assets will retain the same investor protections, safeguards, and entitlements as conventionally held securities.

Furthermore, the service aims to support faster settlement, increased asset mobility, extended trading hours, and lower operational costs.

With the regulatory framework established, DTCC has now identified Stellar as its first public blockchain connection.

According to DTCC, the Stellar network will support the tokenization lifecycle from issuance through reporting and corporate actions. The integration will also allow rapid conversion of traditional assets into tokenized form.

Frank La Salla, DTCC President and Chief Executive Officer, said the collaboration advances efforts to connect traditional and digital markets through interoperable infrastructure.

Meanwhile, Denelle Dixon, Chief Executive Officer and Executive Director of the Stellar Development Foundation, said the integration links regulated market infrastructure with public blockchain networks.

DTCC also confirmed that Stellar was selected as part of its broader multi-chain strategy. Additionally, Nadine Chakar, Global Head of DTCC Digital Assets, said the organization plans to integrate multiple Layer 1 and Layer 2 networks over time.

As preparations continue, DTCC and the Stellar Development Foundation will evaluate tokenization opportunities across several asset categories.

According to the organizations, discussions will include highly liquid securities such as Russell 1000 constituents, exchange-traded funds tracking major indexes, and U.S. Treasury bills, notes, and bonds.

Brian Steele, President of Clearing & Securities Services at DTCC, said the company is drawing on decades of clearing and settlement experience as it develops tokenization infrastructure.

DTCC stated that DTC-tokenized assets are expected to become available on the Stellar network during the first half of 2027.