DTCC OFFICIALLY TOKENIZES SECURITIES: IS THE RWA MARKET ENTERING A NEW PHASE? On October 28, DTCC, the largest U.S. operator of securities custody, clearing, and settlement infrastructure, announced the live deployment of its securities tokenization service on the Canton Network @CantonNetwork and its proprietary blockchain. - This is a significant development for the Real World Assets (RWA) sector, as one of the most important institutions in traditional finance begins integrating custodied securities into blockchain-based processes. 1. What is the current size of the RWA market? According to data from @RWA_xyz on October 29, 2026: - $146 billion: Value of tokenized U.S. Treasury bonds and related funds, nearly flat over 30 days (-0.06%). - $37.4 billion: Value of tokenized stocks and ETFs, up 14.69% over 30 days. - $101.4 billion: Value of token transfers within the stock segment over 30 days, down 87.16% compared to the prior period. 2. What is DTCC bringing onto the blockchain? - DTCC is starting with 34 eligible securities, representing approximately $30 trillion in custodied assets. - Through DTC, participating institutions can convert ownership rights of custodied securities into blockchain-based tokens and revert them back to traditional ledger systems when needed. - Tokens are fully backed 1:1 by underlying securities and maintain corresponding rights as defined by the service’s mechanics. 3. The most notable feature: 24/7 asset transfer capability - DTCC’s service enables 24/7 token transfers between registered wallets within the same network. Twenty institutions have signed agreements for access, including JPMorgan, Citi, Fidelity, and Morgan Stanley. => The participation of major financial institutions could lay the foundation for deeper integration of tokenized securities into asset management, payment systems, and operational workflows of financial institutions.