DTCC says it plans to bring tokenized versions of traditional securities to the public Stellar network in 2025, starting with Russell 1000 stocks. The initial scope also includes index-tracking ETFs as well as US Treasury bills, bonds, and notes. The structure described in the source would let assets held inside DTCC’s depository receive digital representations that can be delivered and accessed on-chain.
Initial rollout targets large-cap equities, ETFs, and Treasuries
Under the partnership, DTCC and Stellar will begin with highly liquid asset classes that carry weight in risk management. Shares of major US companies in the Russell 1000 are first in line. Broad-market ETFs and US government debt instruments are also part of the planned launch set. Access would come through the Stellar network, while custody arrangements and investor protections are set to remain aligned with existing market standards.
SEC permission opened the path for digital representations
The source describes DTCC as a core market infrastructure provider responsible for central clearing and custody of securities. With SEC permission, the organization is moving ahead with a framework that allows traditional assets held in its depository to appear in digital form on a public blockchain. DTCC President and CEO Frank La Salla called the move an important step toward an open and interoperable digital infrastructure, adding that tokenized assets could help market participants reach deeper liquidity, better efficiency, and greater transparency on public chains.
Why Stellar was selected for the project
Senior DTCC executive Nadine Chakar said Stellar’s regulatory-ready design and high transaction throughput were decisive in the network selection. DTCC also said it intends to connect with multiple Layer 1 and Layer 2 networks over time, a sign that the service is being designed with broader access in mind rather than a permanent single-chain setup.
Focus areas include collateral mobility and longer trading access
In the material, tokenization is presented as a way to improve operational efficiency, make collateral movement more flexible, and extend trading hours. DTCC says market participants would be able to reach securely custodied securities on-chain with faster access while keeping current standards for asset safety intact. Executive Brian Steele said the process encourages cooperation across industry segments. Stellar Development Foundation CEO Denelle Dixon said linking Stellar with regulated market infrastructure points to a new phase for finance and noted that Stellar was built for institutional-grade use cases.
DTCC says its tokenization effort builds on more than 50 years of market experience. The phased rollout starts with liquid, widely held assets and is intended to create infrastructure that traditional financial institutions can use as public blockchain integration expands.