The Depository Trust & Clearing Corporation (DTCC) announced on November 12 that it will integrate its tokenization service with the Solana blockchain in the second half of 2027.
The integration will enable the creation of tokenized versions, or "digital twins," of Russell 1000 stocks, major exchange-traded funds, and U.S. Treasuries on the Solana network. The SEC issued a no-action letter in December 2025 authorizing the DTCC to proceed with tokenizing these asset classes.
The DTCC Tokenization Service (DTS) launched on October 28, 2026, initially supporting the Canton Network and a private ledger. The service allows large market participants to convert conventional securities into tokens, transfer them across blockchain networks, and redeem them.
Scale of DTCC Operations
The DTCC processed $4.7 quadrillion in securities transactions in 2025. Its depository subsidiary, the Depository Trust Company (DTC), holds and services $114 trillion in assets from more than 150 countries.
According to Brian Steele, president of DTCC Clearing & Securities Services, tokenized assets on Solana and other integrated blockchains will "retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities."
DTCC CEO Frank La Salla stated that the integration will also free up securities for use as collateral.
Market Context
As of November 12, real-world assets in the Solana ecosystem totaled $5.13 billion across more than 1.02 million holders. Over the prior 30 days, transfers reached $16.48 billion. The stablecoin market cap on Solana stood at $13.85 billion with monthly turnover of $387.41 billion.
