The Depository Trust & Clearing Corporation (DTCC) has announced plans to integrate its tokenization service with the Solana blockchain, with the rollout expected in the second half of 2027. This move will allow eligible assets held by DTCC's Depository Trust Company (DTC) to be converted into tokens on Solana, expanding the reach of tokenized securities.
The DTCC Tokenization Service (DTS), which launched on October 28, creates digital representations of securities such as Russell 1000 stocks, major ETFs, and U.S. Treasuries. According to DTCC CEO Frank La Salla, this integration will provide market participants with more options for accessing and utilizing tokenized assets. Tokens on Solana will maintain the same investor protections and regulatory safeguards as traditionally held securities, ensuring compliance and security.
Solana is part of DTCC's broader strategy to connect DTS with multiple blockchain networks. The service is currently live on the Canton Network and DTCC's private blockchain, with plans to add Stellar and Circle's Arc blockchain in 2027. The initiative operates under a no-action letter from the SEC, limiting it to highly liquid assets.
Solana has been actively pursuing institutional adoption, with recent developments including an open standard for institutional settlement and the Alpenglow upgrade, which reduces transaction finality time to about 150 milliseconds. The network is also preparing for tokenized stock trading through platforms like Formation, further solidifying its position in the traditional finance sector.