From Decrypt · By Decrypt Agent
In brief
The Depository Trust & Clearing Corporation plans to connect its tokenization service to Solana, with tokenized assets expected on the network in the second half of 2027.
The service, which launched on October 28, creates tokenized versions of DTC-held securities including Russell 1000 stocks, major ETFs and U.S. Treasuries.
DTCC said tokens on Solana will carry the same investor protections and ownership rights as traditionally held securities.
The Depository Trust & Clearing Corporation (DTCC), the backbone of U.S. securities settlement, plans to bring its tokenized securities to Solana, it announced on Thursday.
The firm will connect the DTCC Tokenization Service (DTS) to the Solana network, allowing eligible assets held by its Depository Trust Company (DTC) subsidiary to be converted into tokens on Solana. The integration is planned for the second half of 2027.
BREAKING: @The_DTCC to tokenize custodied assets on Solana. announced plans to connect the DTCC Tokenization Service to Solana, enabling the tokenization of eligible DTC-custodied assets on the network.
The integration is planned for the second half of 2027, further advancing… pic.twitter.com/gXszWFgUOX
— Solana (@solana) November 12, 2026
"DTCC is bringing regulated, DTC-tokenized securities to another major blockchain ecosystem, giving market participants greater choice in where they access and utilize tokenized assets," DTCC CEO Frank La Salla said.
DTS went live on October 28 on the Canton Network and DTCC's own private blockchain, built on the Besu framework, with more networks due to be added in 2027, according to DTCC's launch announcement. The service creates tokenized "digital twins" of securities held at DTC, which custodies more than $114 trillion in assets. Solana joins Stellar and Circle's Arc blockchain, which are expected to be added in 2027, according to a DTCC fact sheet.
Under a no-action letter from the SEC, the service is limited to a defined set of highly liquid assets, including Russell 1000 stocks, ETFs tracking major indexes, and U.S. Treasuries. Morgan Stanley said last week it had tokenized U.S. stocks and Treasuries through the service.
Tokens issued on Solana "will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities," said Brian Steele, president of DTCC Clearing & Securities Services.
PredictCryptoWill HYPE flip SOL in 2026?
3%97%YesNo$43.13K volumeCloses: Jan 1, 2027, 04:59 UTCCloses: Jan 1, 2027, 04:59 UTCSolana's institutional push
Solana has been actively courting traditional finance in recent months, with Solana Foundation head of institutional Nick Ducoff arguing that, "Institutions choose Solana because it already runs real financial activity at scale." He added that institutions are "already issuing, settling and deploying capital" on the network, in a tweet shared by Solana's official account.