Storyline
DTCC securities tokenization rollout
DTCC is rolling out a live tokenized securities platform, progressing from pilot demonstrations to a formal October service launch with major institutional partners.
Timeline
- Fri, Jul 24Latest
DTCC Selects Stellar for On-Chain Settlement in Major US Institutional Tokenization Milestone
The Depository Trust & Clearing Corporation selected the Stellar blockchain for on-chain settlement operations, marking a major institutional tokenization commitment from a core piece of US financial market infrastructure.
- Fri, Jul 17
DTCC Completes Live Tokenized Securities Trades With JPMorgan, BlackRock, Goldman Sachs; October Service Launch Set
The DTCC completed live tokenized securities trades with JPMorgan, BlackRock, and Goldman Sachs as counterparties, involving tokenized shares of Microsoft, QQQ, SPY, and SHV, and announced a formal tokenization service launching in October with approximately 40 participating firms. JPMorgan separately tokenized the Invesco QQQ ETF on both public and private blockchain networks. Chainlink was identified as the oracle provider embedded in the DTCC's tokenization stack.
- Thu, Jul 16
DTCC Completes Live Tokenized Securities Trades With JPMorgan, BlackRock, Goldman Sachs; October Service Launch Set
The DTCC completed live securities trades using tokenized assets with JPMorgan, BlackRock, and Goldman Sachs as counterparties, involving tokenized shares of Microsoft, QQQ, SPY, and SHV. The pilot, which includes 40 participating firms, is scheduled to expand into a formal tokenization service launching in October. USDC was identified as the primary stablecoin settlement rail for the tokenized equities activity.
- Tue, Jul 14
DTCC to Demonstrate Blockchain-Based Real-Time Stock Settlement Infrastructure
The DTCC announced a demonstration of a blockchain-based real-time stock trading and settlement process, advancing the organization's exploration of on-chain securities infrastructure. The demonstration represents a concrete step by the US equities market's central settlement infrastructure toward evaluating distributed ledger technology for core settlement functions.
- Tue, Jun 16
DTCC Announces Live Tokenization Demonstration Using Securities Holdings
The Depository Trust and Clearing Corporation announced an upcoming live demonstration of asset tokenization using its own securities holdings. The demonstration represents a concrete step toward testing tokenization infrastructure on DTCC's core settlement assets.