DTCC Unveils Blockchain-Powered Securities Settlement Network

DTCC, America's core securities settlement provider, has made significant progress in developing a live example of tokenized assets that can be held at its party custody network. The initiative involves over 50 major financial firms and aims to bring regulated stocks, ETFs, and U.S. Treasuries onto blockchain infrastructure with 24/7 access.

The project's objective is not to supplant market infrastructure but rather use it as a template to adopt it onto blockchain networks while preserving ownership rights and investor protections for securities. The first part of the service will focus on high liquidity instruments, including stocks in the Russell 1000 Index, ETFs that follow major indexes, and U.S. Treasury bills, notes, and bonds.

The design of the model intends to have multiple token standards and multiple blockchain networks to ensure interoperability and not tie those institutions to one particular network. DTCC said its platform will eventually be ready to start production in the second half of 2026.