DTCC Plans to Bring Tokenized Assets to Solana Network by 2027
Top US clearinghouse will integrate securities and stocks into blockchain to expand digital custody options.
The Depository Trust & Clearing Corporation announced the integration of its tokenization services with the Solana network. The project aims to convert assets held by the company into digital tokens starting in the second half of 2027.
The service creates digital representations of securities held at the company's subsidiary. The current infrastructure already manages over 114 trillion dollars in global financial assets.
The initiative focuses on highly liquid assets such as Russell 1000 index stocks and exchange-traded funds. United States Treasury bonds are also part of the scope for the planned future operation.
The system ensures that tokens maintain the same ownership rights and regulatory safeguards as traditional assets. The company seeks to offer greater flexibility to market participants when choosing blockchain networks to access investments.
The adoption of public networks by large financial institutions tends to increase liquidity and operational efficiency for digital assets in the global market. This move strengthens the technological infrastructure required for the integration between the traditional financial system and the crypto asset ecosystem.
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