In brief
- The Depository Trust & Clearing Corporation plans to connect its tokenization service to Solana, with tokenized assets expected to reach the network in the second half of 2027.
- Launched on October 28, the service creates tokenized versions of securities held by DTC, including Russell 1000 stocks, major ETFs and U.S. Treasuries.
- DTCC said tokens on Solana will have the same investor protections and ownership rights as securities held in traditional form.
The Depository Trust & Clearing Corporation (DTCC), the backbone of U.S. securities settlement, announced on Thursday that it plans to bring its tokenized securities to Solana.
The firm plans to connect the DTCC Tokenization Service (DTS) to the Solana network, enabling 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 launched on October 28 on the Canton Network and DTCC’s own private blockchain, which is built on the Besu framework. More networks are due to be added in 2027, according to DTCC’s launch announcement. The service creates tokenized "digital twins" of securities held at DTC, which holds more than $114 trillion in assets. Solana joins Stellar and Circle’s Arc blockchain, both expected to be added in 2027, according to a DTCC fact sheet.
Under a no-action letter from the SEC, the service is restricted 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.
Solana's institutional push
Solana has been courting traditional finance in recent months. Solana Foundation head of institutional Nick Ducoff argued 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.
Last month, the Solana Foundation unveiled an open standard for institutional settlement developed with input from J.P. Morgan. The network also completed its Alpenglow upgrade, reducing the time for transactions to become final to roughly 150 milliseconds.
Solana is also seeking to add more venues for tokenized stocks. Trading platform Formation has notified the SEC of plans to trade tokenized U.S. stocks on Solana, starting with Galaxy and Forward Industries.
