DTCC officials offer updates on the progress of DTC’s tokenization offerings.
Officials at the Depository Trust & Clearing Corp. (DTCC) say the post-trade market infrastructure provider in July of this year will facilitate initial, limited production trades of real-world assets tokenized via the Depository Trust Company (DTC).
In addition, later this year, in October, the DTC will fully launch its tokenization service.
“In December 2025, DTC received a No-Action Letter from the Securities and Exchange Commission (SEC) authorizing DTC to offer a defined tokenization service for DTC participants and their clients for three years,” according to the DTCC. “The authorization applies to a defined set of highly liquid assets, including the constituents of the Russell 1000, which represents the 1,000 largest publicly traded U.S. companies by market cap, as well as ETFs tracking major indices and U.S. Treasury bills, bonds, and notes.”
The DTC service was designed to “enable the tokenization of real-world, DTC-custodied assets that provide the same entitlements, investor protections and ownership rights as the assets held in traditional form, supported by DTC’s resilience and accountability,” officials say. “Today, DTC custodies assets valued at over $114 trillion.”
DTCC officials will “continue collaborating with the DTCC Industry Working Group to align best practices, advance industry readiness and prove operational and technical workflows, including the use of DTC tokenized assets in a production environment and their ability to interoperate across many chains,” according to the announcement.
“Tokenization is an important and critical step toward building tomorrow’s digital infrastructure,” says Nadine Chakar, managing director, global head of digital assets for the DTCC.
The DTC’s tokenization service is being designed with help from more than 50 financial services firms, officials say. “The firms, part of the DTCC Industry Working Group, represent a broad cross section of the TradFi and DeFi ecosystems, including custodians, asset managers, brokers, trading venues, application and back-office service providers, and more.”
Some of the major firms in the working group are: Bank of America, BetaNXT, BitGo Bank & Trust, BlackRock, BNP Paribas, Broadridge, Citadel Securities, Citi, Digital Asset (creators of Canton Network), DRW, Franklin Templeton, Goldman Sachs, Invesco, Jefferies, J.P. Morgan, Morgan Stanley, Nasdaq, NYSE Group, Raymond James, RBC Capital Markets, State Street, TD Securities USA, Tradeweb, UBS, and Wells Fargo.
More information about the DTC’s tokenization is available here: https://shorturl.at/Y0z8r
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