The Depository Trust & Clearing Corporation (DTCC) intends to expand its tokenization service to the Solana network by the second half of 2027. This initiative is part of a broader multi-chain strategy that also includes planned integrations with the Stellar network and Circle’s Arc platform during the same year.
The DTCC Tokenization Service (DTS) launched on October 28, 2026, initially operating on the Canton Network and a private Besu-based blockchain. The service creates digital representations of traditional securities, maintaining original ownership rights and regulatory protections for assets held by The Depository Trust Company.
At its inception, the service supported 34 eligible securities, including major ETFs, US Treasuries, and constituents of the Russell 1000 index. These assets were selected from a subset of $30 trillion within the company’s total custody holdings of $114 trillion. The initial cohort included 20 participants.
Operations are currently governed by an SEC No-Action Letter issued in December 2025, which authorizes the service for a three-year period with specific asset caps. DTCC President and CEO Frank La Salla stated that the expansion aims to provide participants with more options while upholding traditional market safeguards.
