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The Depository Trust and Clearing Corporation (DTCC) plans to bring tokenized US securities to the Solana blockchain in the second half of 2027.
According to the press release in November, this is expected to allow financial institutions to convert eligible securities held by its subsidiary, the Depository Trust Company (DTC), into digital tokens and manage them on the network.
The planned connection will give financial institutions another blockchain option for handling traditional financial assets.
Through DTCC’s Tokenization Service, participating firms will be able to create digital versions of eligible securities, transfer them between approved wallets and manage their movement on Solana.
DTCC President and CEO Frank La Salla said the integration would give market participants greater choice in how they access and use tokenized assets. He also pointed to better liquidity, easier movement of collateral and more efficient use of capital as possible benefits.
The Solana plan comes shortly after DTCC launched its Tokenization Service on October 28. The service initially supports the Canton Network and DTCC’s private Besu blockchain, with more network connections planned for 2027.
Twenty major financial institutions signed agreements to access the service at launch. These include JPMorgan, Morgan Stanley, Bank of America, Barclays, Citi, Fidelity Investments, State Street and UBS.
The platform allows eligible institutions to create digital versions of securities held by DTC. These tokens can be transferred between approved digital wallets and converted back into traditional securities entitlements.
DTCC oversees more than $114 trillion in assets under custody, making it one of the major players in the US financial market. However, this does not mean all those assets will become available as tokens. Only selected securities approved for the service can be converted.
The project also received regulatory support in December 2025, when the US Securities and Exchange Commission (SEC) issued a no-action letter allowing DTC to conduct a three-year tokenization pilot. Eligible assets include selected Russell 1000 stocks, major index exchange-traded funds and US Treasury securities.
DTCC’s planned arrival comes as other companies are bringing traditional financial assets to Solana. Financial technology firm Securitize expanded its tokenized stock offering on November 2 by adding 13 US equities, increasing its total to 25.
The available stocks include Disney, ExxonMobil, Salesforce and GameStop. Each token represents an underlying share held in custody by the company. Eligible investors can also trade these securities outside regular market hours using USDC for settlement.
Nick Ducoff, general manager of institutional at the Solana Foundation, described the network as infrastructure for always-on financial markets. He said connecting DTCC’s service would make it easier for tokenized securities to settle and move onchain.
Solana is not the only blockchain DTCC plans to connect to its tokenization service. In May, the company announced a separate agreement with the Stellar Development Foundation, targeting the first half of 2027.
The Stellar connection is expected to arrive before the Solana integration later that year.
Meanwhile, Morgan Stanley has already started converting US equities and Treasury securities into tokens through DTCC’s new infrastructure. The bank was among the institutions that signed access agreements at launch.
Together, these developments show how DTCC is extending its securities infrastructure across different blockchain networks while keeping the ownership rights and protections attached to traditional financial assets.
Also Read: DTCC Takes Securities Tokenization Service Live on Canton, Besu
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