The Depository Trust & Clearing Corporation plans to add Solana to its securities tokenization service in the second half of 2027. The network would join Canton and DTCC's private Besu blockchain, with Stellar and Circle's Arc also on the 2027 roadmap. The announcement did not announce a change to the conversion model.
The Depository Trust & Clearing Corporation (DTCC) plans to add Solana to its securities tokenization service in the second half of 2027. The integration would give institutions that use its post-trade infrastructure a wider choice of networks.
DTCC said in its Nov. 12 announcement that the integration is expected to support conversion of eligible securities held at its Depository Trust Company subsidiary into tokens, along with related token-lifecycle functions. DTCC did not specify a separate Solana securities roster or detail the lifecycle functions planned for that network.
Where the service stands
The service went live on Oct. 28 on Canton Network and DTCC's private Besu network. Solana joins a 2027 expansion roadmap that already includes Stellar and Circle's Arc.
At launch, the service included 34 eligible securities, including stocks, exchange-traded funds (ETFs) and US Treasuries, and 20 participants had signed access agreements. Sign-ups are distinct from usage, however: Morgan Stanley said on Nov. 3 that it was converting U.S. stocks and Treasuries into tokenized form through the service.
Cross-network conversion stays on the roadmap
Another supported network expands where assets can be tokenized, but it does not by itself establish direct conversion between networks. DTCC's user guide says conversions currently run between traditional and tokenized forms, with conversions between tokens on different ledgers reserved for future releases.
DTCC President and CEO Frank La Salla said the Solana integration would give market participants more choice in accessing and using tokenized securities while preserving traditional market protections. Brian Steele, president of DTCC Clearing & Securities Services, said assets made available on Solana would retain the same investor protections, ownership rights and regulatory safeguards as traditionally held securities.
Solana Foundation institutional business lead Nick Ducoff said the connection would bring DTCC's post-trade infrastructure to a network designed for high-volume financial activity and continuous markets.
Sources: The Defiant, Crypto Briefing
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