DTCC launches tokenization service with 34 securities across Canton and Besu
The Depository Trust & Clearing Corporation has launched its Tokenization Service, enabling 1:1 backed digital representations of 34 securities across Canton Network and a private Besu network.
The Depository Trust & Clearing Corporation (DTCC) rolled out its Tokenization Service via subsidiary The Depository Trust Company (DTC) on Oct. 28, 2026, opening with 34 securities available to tokenize at launch. According to reports from Jacquelyn Melinek and Wu Blockchain, the launch basket includes selected large-cap Russell 1000 constituents, exchange-traded funds, and U.S. Treasuries, though DTCC has not publicly named the individual assets.[9][11][5]
Tokens issued through the service are backed 1:1 by underlying securities held in DTC custody and carry equivalent legal rights, ownership protections, and economic entitlements. DTCC's website notes that the platform allows round-the-clock, peer-to-peer transfers between DTC-registered wallets operating on the same blockchain.[8][9][11]
At rollout, the infrastructure supports Canton Network and DTCC's private Besu network, with integrations for Stellar and Circle's Arc planned for 2027. Twenty major financial institutions have signed on to participate, including JPMorgan, Citi, Morgan Stanley, Bank of America, Citadel Securities, and Fidelity.[4][5][6][9][10][11]
DTCC said the service provides a practical path for mainstream securities tokenization. Crypto Briefing highlighted that while the system could improve market efficiency and asset mobility, its centralized structure constrains direct integration with decentralized finance.[3][7]
Key facts
- DTCC launched its Tokenization Service on Oct. 28, 2026, starting with 34 eligible securities.
- The initial asset pool includes select large-cap Russell 1000 equities, ETFs, and U.S. Treasuries, backed 1:1 by securities held at DTC.
- Token transfers can occur 24/7 between DTC-registered digital wallets on the same network.
- The platform went live on Canton Network and a private Besu network, with Stellar and Circle's Arc planned for 2027.
- Twenty institutions joined the launch, including JPMorgan, Citi, Morgan Stanley, Bank of America, Citadel Securities, and Fidelity.
- Crypto Briefing reported that centralized oversight limits the service's compatibility with decentralized finance protocols.
Sources · 11 sources
- CO
Cointelegraph@CointelegraphPost on X ·
🔥 JUST IN: $114T+ custodian DTCC launches its tokenization service with 34 securities available at launch, initially supporting Canton Network and Besu. https://t.co/9C5rSklA6e
Open source - TW
The Wolf Of All Streets@scottmelkerPost on X ·
JUST IN: DTCC's tokenization service goes live with 34 securities on Canton Network and Besu https://t.co/w7AEfDc4Gg
Open source - CB
Crypto BriefingArticle ·
DTCC launches tokenization service covering approximately $30 trillion in eligible securities DTCC's tokenization service could enhance market efficiency and asset mobility, but its centralized control limits decentralized finance integration. The post DTCC launches tokenization service covering approximately $30 trillion in eligible securities appeared first on Crypto Briefing .
Open source - CO
CoindeskArticle ·
Wall Street backbone DTCC brings $30 trillion securities closer to blockchain with major banks DTCC's tokenization service went live on Canton Network and private chain Besu, with JPMorgan, Citi and Morgan Stanley among 20 firms signed up.
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨DTCC GOES LIVE WITH TOKENIZED SECURITIES ON CANTON! The Depository Trust Company (a DTCC subsidiary) has launched its Tokenization Service, creating tokenized representations of DTC-custodied securities. It starts with 34 securities available at launch and is integrated with @CantonNetwork, with more chains planned for 2027. DTC currently holds more than $114 trillion in assets under custody. Twenty participants, including J.P. Morgan, Bank of America, Citadel Securities, and Fidelity, have signed on so far.
Open source - BS
BSCN@BSCNewsPost on X ·
Canton Powers DTCC’s Tokenization Launch for Treasuries, Stocks and ETFs @The_DTCC has rolled out its Tokenization Service via @CantonNetwork, aiming to provide tokenization rails for its $114 trillion central securities depository. DTCC launched it in partnership with 20 leading financial firms, including @JPMorgan, @Citadel Securities, @MorganStanley, @BankofAmerica, and @Fidelity. Clearing members can create 1:1 tokenization of US Treasuries, Russell 1000 stocks, and major index ETFs directly in digital wallets. Once Wall Street's clearing system begins tokenizing, it will no longer be experimental.
Open source - CT
Coin TelegraphArticle ·
DTCC unit launches tokenization services The post-trade market infrastructure provider said the tokenization services will create a “practical path” for tokenized securities adoption.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: DTCC's tokenization service is now live, with 34 securities available to tokenize at launch. The service enables 24/7 peer-to-peer transfers between DTC-registered wallets on the same blockchain, with tokens backed 1:1 by securities held at DTC, according to DTCC's website.
Open source - JM
Jacquelyn Melinek@jacqmelinekPost on X ·
🚨 @The_DTCC's Tokenization Service went live today: - 34 securities available to tokenize at launch - DTCC didn't publicly disclose which ones, but said they'd come from select large-cap Russell 1000 stocks, select ETFs and US Treasuries - Each token is backed 1:1 by a security held at DTC with the same legal rights - Tokens can move 24/7 between DTC-registered wallets @CantonNetwork and DTCC's private Besu network are live at launch, with @StellarOrg and Circle's @Arc expected in 2027. For context, DTC has about $30 trillion in assets under custody.
Open source - CB
Crypto Briefing@Crypto_BriefingPost on X ·
🔥JUST IN: DTCC launched its Tokenization Service, allowing eligible users to tokenize DTC-custodied securities. JPMorgan, Citi, Bank of America and Morgan Stanley were among 20 participating firms. https://t.co/6EVaqKarhv
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
DTCC Launches Securities Tokenization Service, Initially Supporting 34 Securities DTCC’s website shows that its Tokenization Service is now live, initially supporting 34 securities, including selected large-cap Russell 1000 constituents, ETFs and U.S. Treasuries. Tokens are backed 1:1 by underlying securities held in custody by the Depository Trust Company (DTC), carry the same legal and ownership rights, and support round-the-clock onchain transfers between DTC-registered wallets. The service initially supports Canton Network and DTCC’s Besu-based private network, with Stellar and Circle’s Arc expected to join in 2027.
Open source