DTCC, a leading provider of post-trade market infrastructure, is making significant strides in the development of tokenized securities. As part of its plan, DTCC aims to launch limited production trades of tokenized securities in July 2026, with the goal of offering a full service by October 2026.
The company has formed an industry working group comprising over 50 financial institutions, including traditional finance and crypto firms such as BlackRock, Goldman Sachs, J.P. Morgan, Circle, Fireblocks, Robinhood, Ondo Finance, and Kraken's parent company Payward. The working group will test technical workflows, market readiness, and the use of tokenized assets in a live production setting.
DTCC has received approval from the U.S. Securities and Exchange Commission (SEC) to offer a defined tokenization service for its participants and their clients for three years. This approval covers a set of highly liquid assets, including Russell 1000 constituents, ETFs that track major indexes, U.S. Treasury bills, notes, and bonds.
The launch of DTCC's tokenized securities service marks an important milestone in the development of tokenized real-world assets. As the market continues to grow, it is likely that we will see increased adoption of blockchain-based settlement and custody services.