DTC develops tokenization service to bring traditional securities onchain

The Depository Trust Company, the entity that quietly handles the custody and clearing for virtually every stock trade in America, is building a tokenization service that would convert traditional securities into blockchain-native assets. Think of it as creating a digital twin for every share of Apple or Treasury bill sitting in DTC’s vaults. The original security stays put, but a tokenized version gets minted and delivered to approved digital wallets, carrying all the same legal protections and entitlements as the real thing. How DTC got the green light The SEC issued a three-year No-Action Letter in December 2025, effectively giving DTC permission to proceed without fear of enforcement action. The initial scope covers highly liquid securities: Russell 1000 stocks, major-index ETFs, and US Treasuries. An industry consortium of over 50 firms contributed to the development process, ranging from traditional finance heavyweights to digital-native market participants. First live trades already in the books On July 15, 2026, more than 30 firms executed real-time trades using DTC-tokenized assets across two blockchain networks: Hyperledger Besu and the Canton network. The full DTCC Token...