ChainCatcher report: This month, the Depository Trust & Clearing Corporation (DTCC) will open its tokenization service to commercial access, covering approximately $30 trillion in assets under DTC’s central securities depository, representing one-quarter of its total custodied assets. Initially, the service will operate exclusively on two closed platforms—Canton and Besu—with the first batch of 25 liquid instruments, including U.S. Treasuries, major ETFs, and Russell 1000 large-cap stocks. The system will allow only two types of participants to convert traditional securities into tokens via UI or API between 2:00 AM and 6:00 PM Eastern Time; institutions may transfer tokens between wallets at any time. Stellar (XLM) is listed as a partner set to launch in 2027, integrating via the SEP-41 standard alongside Circle’s Arc solution, with the previously announced timeline of early 2027 unchanged. A closed pilot in July involved more than 30 Wall Street institutions.
DTCC to Launch Tokenization Service for $30 Trillion in Assets, Names Stellar as 2027 Partner
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Summary
Real-world assets (RWA) news emerged as DTCC launches its tokenization service this month, covering $30 trillion in assets at DTC. The service will initially run on Canton and Besu, supporting 25 liquid instruments including U.S. Treasuries and ETFs. Token conversions will be available from 2 AM to 6 PM ET, while transfers operate 24/7. Stellar is listed as a 2027 partner, set to integrate via SEP-41. On-chain developments reveal a July 2026 pilot involving 30 Wall Street firms.
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