ChainCatcher report: The Depository Trust & Clearing Corporation (DTCC) has unveiled a plan to advance securities tokenization, aiming to tokenize 25 securities on the Canton and Besu networks. These tokens will be backed 1:1 by securities held in custody by DTC, a subsidiary of DTCC. DTCC also disclosed that it plans to expand the scope of tokenized assets to the Stellar network and Circle’s Arc network, with an anticipated launch date of 2027.
DTCC to Tokenize 25 Securities on Canton and Besu Networks
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Summary
DTCC announced on-chain news regarding the tokenization of 25 securities on the Canton and Besu networks. The tokens will be 1:1 backed by assets held by DTC. The company plans to expand to the Stellar and Circle’s Arc networks, with a rollout targeted for 2027. A network upgrade is expected to enable broader integration of tokenized assets.
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