Tokenization Service Launch
DTCC · TradFi · October 28, 2026
DTCC's Tokenization Service is live: 34 securities (select Russell 1000 stocks, ETFs, US Treasuries) can be tokenized 1:1 on Canton Network and DTCC's private Besu network.
DTCC's Tokenization Service is live. Following the July 2026 pilot, the Depository Trust & Clearing Corporation switched on the service on October 28, 2026, operating under an SEC no-action letter issued in December 2025 that allows eligible DTC participants to tokenize select assets for a three-year period. At launch, 34 securities can be tokenized, including selected large-cap Russell 1000 stocks, ETFs and U.S. Treasuries. Each token is backed 1:1 by the underlying security held in custody at the Depository Trust Company, which holds around $30 trillion in assets, and carries the same legal and ownership rights and investor protections as the original. Tokens support 24/7 peer-to-peer transfers between DTC-registered wallets. Participants can register wallets on Canton Network and on DTCC's private Hyperledger Besu network, and DTC plans to add more approved networks that meet its security, resilience and compliance standards.