DTCC Plans Tokenized Securities on Solana in Late 2027

The Depository Trust & Clearing Corporation (DTCC) plans to connect its tokenization service to the Solana network, with tokenized assets expected on the blockchain in the second half of 2027, according to TheBlock.

The DTCC Tokenization Service (DTS) launched on October 28 to create tokenized digital twins of securities held at the Depository Trust Company, which custodies more than $114 trillion in assets. Eligible assets under an SEC no-action letter currently include Russell 1000 stocks, major ETFs, and U.S. Treasuries.

Expansion Roadmap

DTCC CEO Frank La Salla stated that the integration gives market participants greater choice in accessing tokenized assets. Tokens issued on Solana will carry the same investor protections, ownership rights, and regulatory safeguards as traditionally held securities, according to Brian Steele, president of DTCC Clearing & Securities Services.

The service initially went live on the Canton Network and a private Besu-based blockchain. Solana is scheduled to join alongside Stellar and Circle's Arc blockchain in 2027.

Institutional Interest

Solana has seen increased traditional finance engagement. The Solana Foundation recently unveiled an open standard for institutional settlement developed with input from J.P. Morgan, alongside the Alpenglow upgrade aimed at reducing transaction finality times.

Key facts

• DTCC plans to connect its tokenization service to Solana in the second half of 2027.
• DTS custodies assets such as Russell 1000 stocks, major ETFs, and U.S. Treasuries.
• Tokens on Solana will maintain traditional investor protections and ownership rights.
• The service initially launched on the Canton Network and a Besu-based private blockchain.