Depository Trust & Clearing Corporation (DTCC) has announced plans to integrate its tokenization services with the Stellar public blockchain, furthering its strategy to support multi-chain digital market infrastructure.
The partnership will enable real-world assets held by DTC to be issued in tokenized form on Stellar, and is expected to be available in the first half of 2027.
This initiative follows a December 2025 SEC no-action letter that allowed DTC to launch tokenization services for traditional financial assets, allowing them to be used in digital markets while maintaining standard investor and regulatory protections.
DTCC said the development will enable efficiencies such as faster settlement, increased liquidity of collateral and reduced transaction costs.
“We are committed to expanding opportunities for market participants to utilize tokenized assets to access deeper liquidity, drive efficiency, and improve transparency on public blockchains,” said Frank La Sala, President and CEO of DTCC. “We are committed to maintaining the same investor protections and safeguards that our participants currently use for assets traditionally held at DTC.” “This partnership marks another step in DTCC’s efforts to build openness.” “Tokenization not only supports extended trading times, but also enables new levels of trading and capital efficiency, observability, and collateral liquidity.”
DTCC and Stellar Development Foundation announced that they will jointly develop features for the entire lifecycle of tokenized assets, such as corporate actions and reporting, as well as evaluate early use cases including index constituents, ETFs, and highly liquid products such as U.S. Treasuries.
Commenting on the move, Stellar Development Foundation CEO Denelle Dixon said the DTCC integration will create a bridge between public blockchain networks and regulated market infrastructure. He added that Stellar’s compliance-focused architecture and risk management capabilities are built to serve as a trusted rail for the institutional market.
DTCC Managing Director and DTCC Global Head of Digital Assets Nadeem Chakar commented, “Stella’s track record with on-chain institutional assets is an important factor in evaluating blockchain networks.” “With a focus on compliance, transaction throughput, and low-cost operations, it meets our rigorous standards and ensures we are poised for growth as the use of blockchain networks in real-world asset transactions increases.”
DTCC will enable live trading of tokenized securities in July, with full commercial launch scheduled for October.
More than 50 leading financial institutions across both traditional and digital finance sectors are participating in this initiative. Participants include JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America, BlackRock, and Charles Schwab, as well as crypto-native companies such as Kraken, Anchorage Digital, Ondo Finance, and Fireblocks.
The system will run for three years on a blockchain network approved at launch, extending full legal rights and protections to tokenized versions of traditional assets.
