Frank

Solana

Stellar

Canton

<p style="text-align: justify">The Depository Trust &amp; Clearing Corporation (DTCC), the world’s leading securities clearing and settlement institution, has announced plans to connect its Tokenization Service to the <a href="https://en.coin-turk.com/solana-rebounds-from-60-support-to-test-70-resistance/" rel="noopener noreferrer nofollow">Solana</a> blockchain. The integration is scheduled for the second half of 2027 and will cover eligible securities currently held by its subsidiary, the Depository Trust Company (DTC).</p>
<h2 id="solana-integration-expands-blockchain-options">Solana integration expands blockchain options</h2>
<p style="text-align: justify">The upcoming Solana connection is set to provide DTCC participants with additional flexibility when converting and moving assets using blockchain technology. DTCC currently operates its Tokenization Service across both the Canton blockchain and a private Besu network, enabling participants to choose where their digital asset representations are maintained.</p>
<p style="text-align: justify">The decision to add Solana, a high-performance blockchain known for its rapid transaction speeds and low costs, reflects growing institutional demand for broader blockchain network access. DTCC indicated that this expansion would permit firms to hold and transfer tokenized assets under the same compliance and operational standards that govern its existing settlement systems.</p>
<p style="text-align: justify">Nick Ducoff, institutional business lead at the Solana Foundation, commented that Solana’s infrastructure is designed to support tokenized securities with continuous, around-the-clock transfers. This could enable participants to move tokenized assets more efficiently and benefit from increased settlement flexibility.</p>
<p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: The Depository Trust &amp; Clearing Corporation (DTCC) is a major U.S. post-trade financial services company that handles the clearing, settlement, and custody of securities transactions for the world’s largest financial institutions.</p>
<table style="border:1px solid #f1e4d8;padding:8px">
 <thead>
  <tr>
   <th>Network</th>
   <th>Status</th>
   <th>Purpose</th>
  </tr>
 </thead>
 <tbody>
  <tr>
   <td>Canton</td>
   <td>Active</td>
   <td>Current DTCC tokenization operations</td>
  </tr>
  <tr>
   <td>Besu</td>
   <td>Active</td>
   <td>Private Ethereum-based tokenization platform</td>
  </tr>
  <tr>
   <td>Solana</td>
   <td>Planned (2027)</td>
   <td>Public blockchain for faster asset transfer</td>
  </tr>
  <tr>
   <td><a href="https://en.coin-turk.com/xlm-trading-volume-soars-303-percent-to-873-million-what-are-the-factors-driving-this-spike/" rel="noopener noreferrer nofollow">Stellar</a></td>
   <td>Planned (first half 2027)</td>
   <td>Upcoming integration for tokenized assets</td>
  </tr>
 </tbody>
</table>
<p style="text-align: justify">DTCC Chief Executive Frank La Salla stated that broadening blockchain connectivity is expected to enhance market access while maintaining the robust protections of traditional financial infrastructure. He emphasized how network performance, security, and governance were key factors driving the Solana integration.</p>
<h2 id="broader-industry-participation-and-continuous-operations">Broader industry participation and continuous operations</h2>
<p style="text-align: justify">DTCC’s Tokenization Service was originally launched on October 28, beginning with 34 eligible securities and onboarding 20 major financial institutions as participants. Notable participants included Bank of America, Citi, Fidelity Investments, and JPMorgan. Participation remains open as DTCC continues to expand access to the platform, which was developed with input from over 150 industry stakeholders.</p>
<p style="text-align: justify">The service is designed to apply blockchain efficiency and transparency to a broad set of assets, including stocks, exchange traded funds (ETFs), and US Treasuries. Solana’s network is positioned to offer additional capacity for institutions to perform asset transfers and settlements continuously across different time zones.</p>
<blockquote>
 <p>Chief Executive Frank La Salla highlighted that integrating Solana will make it possible for market participants to benefit from improved liquidity and faster collateral transfers, without sacrificing existing market protections and operational controls.</p>
</blockquote>
<p style="text-align: justify">The scope of tokenization is determined by the participants’ needs, as only assets selected for conversion are moved onto the blockchain network. This approach provides flexibility and maintains compatibility with both traditional and digital market environments.</p>
<h2 id="safeguards-and-interoperability-for-digital-securities">Safeguards and interoperability for digital securities</h2>
<p style="text-align: justify">DTC reported holding over $114 trillion in assets under custody at the launch of the Tokenization Service. Converted tokens are backed one-to-one by securities held at the depository. Holders of these tokenized assets retain all traditional ownership rights, economic entitlements, and standard investor protections.</p>
<p style="text-align: justify">The digital infrastructure employs compliance controls and allows near real time tracking of asset ownership. Smart contract technology is also leveraged to automate some compliance and distribution processes. Additionally, DTCC uses a single security identifier for both traditional and blockchain-based assets, making movement between environments seamless and preserving connection to market records.</p>
<blockquote>
 <p>DTCC states that participants may revert tokenized securities back to standard account entries by submitting instructions, giving firms the ability to return to conventional holdings as their needs dictate.</p>
</blockquote>
<p style="text-align: justify">The foundation for the new service was laid with a 2025 SEC staff no-action letter permitting a pilot for tokenized securities, subject to strict reporting and operational requirements. DTCC, as the operator, must submit quarterly activity reports to the SEC on all balances, transfers, wallets, supported networks, and outages.</p>
<p style="text-align: justify">Alongside the planned Solana connection, DTCC is preparing to link its platform with the Stellar blockchain as well. The Stellar rollout is scheduled for the first half of 2027, ahead of Solana.</p>
<p>The post <a href="https://en.coin-turk.com/dtcc-to-integrate-114-trillion-tokenization-service-with-solana-in-2027/" rel="noopener noreferrer nofollow">DTCC to integrate $114 trillion tokenization service with Solana in 2027</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

DTCC to integrate $114 trillion tokenization service with Solana in 2027

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