The Depository Trust & Clearing Corporation (DTCC) is set to open commercial access to its tokenization service by the end of this month, allowing major participants to create digital twins of traditional securities. The initiative covers a $30 trillion asset pool, equal to one-quarter of the funds held by the DTC central securities depository. At launch, the system will support only 25 liquidity instruments, including U.S. Treasuries, major exchange-traded funds, and large-cap stocks in the Russell 1000 Index. According to a DTCC report released on Oct. 16, operations will begin on closed platforms, including Canton Network and a private environment built on Hyperledger Besu. Stellar was not included in the first batch of integrations. Its Arc solution with Circle is scheduled to join the platform in the first half of 2027 through the SEP-41 standard. The update was cited by U.Today and summarized by Techub.
The Depository Trust & Clearing Corporation (DTCC) will open commercial access to its tokenization service by the end of this month, allowing major participants to create digital twins of traditional securities.
The project covers a $30 trillion asset pool, representing one-quarter of the funds controlled by the DTC central securities depository. At the initial stage, the system will support 25 liquidity instruments, including U.S. Treasuries, major ETFs, and large-cap stocks in the Russell 1000 Index.
Closed-platform rollout comes first
According to a DTCC report released on Oct. 16, operations will begin on closed platforms, including Canton Network and a private environment based on Hyperledger Besu.
Stellar not in the first integration wave
Stellar was not included in the first batch of integrations. Its Arc solution with Circle is scheduled to join the platform in the first half of 2027 through the SEP-41 standard.
The information was reported by U.Today and summarized by Techub.
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