DTCC cleared to tokenize traditional securities on blockchain
DTCC's subsidiary, DTC, received an SEC No-Action Letter to tokenize traditional assets on blockchain starting in 2026.Summary
The Depository Trust & Clearing Corporation (DTCC) has received authorization via an SEC No-Action Letter to its subsidiary, Depository Trust Company (DTC), to tokenize traditional, custodied assets using blockchain technology within a regulated production environment. This new service, scheduled for rollout in 2026, will use distributed ledger technology for securities settlement and custody, providing digital representations with the same legal rights as traditional assets. Assets covered include the Russell 1000, major index ETFs, and US Treasury securities. DTCC states this move supports the shift toward digital markets, enabling innovations like 24/7 trading and improved collateral flow, while aiming to connect TradFi and DeFi liquidity efficiently.
(Source：Crypto Briefing)