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DTCC plans to connect Solana to its tokenization push in 2027

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The depository safeguarding $114 trillion worth of securities is expanding its tokenization push from Canton and Besu to Solana. Tokenized Russell 1000 stocks and US Treasuries will become available there.

DTCC said Nov. 12 it will connect the Solana blockchain to its securities tokenization service sometime in 2027's second half.

DTCC launched the service Oct. 28 on the Canton network and its own private Besu-based blockchain. The company said it safeguards $114 trillion worth of securities for clients in more than 150 countries and moved $4.7 quadrillion through its systems last year.

Tokenized Russell 1000 shares, big ETFs that track major indexes, and US Treasuries will become available on Solana. Decrypt reported that only highly liquid assets qualify for now, under a no-action letter the SEC granted DTCC. Decrypt also reported that Stellar and Circle's Arc network are expected to join the service in the same year as Solana, 2027.

DTCC President and CEO Frank La Salla said the company is “bringing regulated, DTC-tokenized securities to another major blockchain ecosystem, giving market participants greater choice.” Brian Steele, president of DTCC Clearing & Securities Services, added that tokens on Solana will retain “the same investor protections, ownership rights and regulatory safeguards.”

DTCC has picked a public blockchain before, naming Stellar as a partner in May 2026. Morgan Stanley used the service to tokenize securities, as reported last week.