The Depository Trust & Clearing Corporation announced it will integrate its tokenized securities platform with Solana, targeting the second half of 2027.
The Depository Trust & Clearing Corporation (DTCC) disclosed that its Tokenization Service (DTS) will be connected to the Solana blockchain, with the rollout slated for the latter half of 2027. The move will enable the creation of tokenized “digital twins” of securities held by DTCC’s Depository Trust Company (DTC), extending the service beyond its current private‑chain and Canton Network deployments.
According to Decrypt, the integration will cover a defined set of highly liquid instruments, including Russell 1000 constituents, major index‑tracking exchange‑traded funds and U.S. Treasury securities. The selection follows a no‑action letter from the SEC that limits the service to these asset classes.
DTCC officials emphasized that tokens issued on Solana will retain the same ownership rights, investor protections and regulatory safeguards that apply to traditionally held securities. Brian Steele, president of DTCC Clearing & Securities Services, reiterated that the digital twins will be backed by the same custodial framework that underpins more than $114 trillion of assets at DTC.
The Solana network has recently positioned itself as a venue for institutional finance, highlighted by the Solana Foundation’s open settlement standard and the Alpenglow upgrade that reduced finality time to roughly 150 milliseconds. Other blockchain platforms such as Stellar and Circle’s Arc are also slated for DTS integration in 2027, according to a DTCC fact sheet. Additionally, trading platform Formation has filed with the SEC to launch tokenized U.S. stock trading on Solana, beginning with Galaxy and Forward Industries.
Stakeholders should monitor DTCC’s detailed rollout timeline, the issuance of the first Solana‑based tokens, and any regulatory updates that may expand the asset list beyond the current SEC‑approved set.
The integration is planned for the second half of 2027.
Eligible assets include Russell 1000 stocks, major index ETFs and U.S. Treasury securities.
Yes, DTCC says the tokens will retain the same investor protections and ownership rights as conventional securities.
Discussion 0