Wall Street's Settlement Giant Moves Onchain @The_DTCC and the @StellarOrg Development Foundation have officially announced a partnership to tokenize DTC-custodied assets directly on the Stel
@The_DTCC and the @StellarOrg Development Foundation have officially announced a partnership to tokenize DTC-custodied assets directly on the Stellar public blockchain. The initiative covers some of the most widely held securities in U.S. markets, with DTC-tokenized assets expected to be available on the Stellar network in the first half of 2027.
The move builds on a regulatory milestone secured late last year. In December 2025, the SEC granted DTC a three-year no-action letter covering tokenized versions of Russell 1000 equities, major index ETFs, and U.S. Treasuries.The letter indicated that SEC staff would not recommend enforcement action against DTC if it operates tokenization services, effectively allowing the transfer of tokenized securities on certain permissionless blockchains on a trial basis.
DTCC is widely regarded as Wall Street's core post-trade utility, and DTC alone provides custody and asset servicing for securities valued at over $100 trillion. Bringing even a portion of that infrastructure onchain would represent a structural shift for global capital markets.
The practical benefits targeted by the partnership are substantial. The integration aims to compress settlement times from the current multi-day standard down to minutes, while enabling round-the-clock trading for tokenized ETFs within a regulated framework. DTCC has highlighted greater collateral mobility, new trading modalities, and 24/7 access as key benefits.
The SEC's no-action relief officially permits the use of approved public and private blockchains for the settlement and record-keeping of tokenized entitlements, covering Russell 1000 equities, major ETFs, and U.S. Treasuries, and effectively green-lights a transition toward near-instant settlement.
When DTC starts offering the tokenization services, it will be the first time in the U.S. that tokenized security entitlements held through a central securities depository can be held by participants on public and private-permissioned blockchains, whether for themselves or their customers.
The DTCC and Stellar partnership signals a clear step toward a more open and interoperable financial system, with major institutional infrastructure finally committing to public blockchain rails rather than purely private or permissioned alternatives.
Sources:Ledger Insights: How DTCC Tokenization Actually WorksSEC.gov: Tokenization Trending, Statement on DTC No-Action LetterThe Block: DTCC Subsidiary Authorized to Offer Tokenization Service
