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SEC Clears DTCC for Tokenization Services: 3 Altcoins Stand to Benefit

BeInCrypto
The SEC has cleared the DTCC to pilot a regulated asset tokenization service, potentially benefiting Ethereum, Chainlink, and Ondo Finance.

Summary

The Depository Trust & Clearing Corporation (DTCC), through its subsidiary DTC, received a No-Action Letter from the SEC to pilot a regulated tokenization service for assets held in DTC custody, expected to launch in the second half of 2026. This three-year authorization allows DTC to issue blockchain-based representations of specific highly liquid assets, including Russell 1000 equities, major benchmark ETFs, and U.S. Treasury bills, notes, and bonds, aiming to bridge traditional finance (TradFi) and decentralized finance (DeFi).

While the specific blockchains have not been chosen, the move has generated speculation about which cryptocurrencies might benefit. Ethereum (ETH) is considered a strong candidate due to its dominance in the current tokenized real-world asset (RWA) market, holding about 66% of the $18.48 billion in tokenized RWAs. Chainlink (LINK) is also favored because its oracle infrastructure and interoperability solutions align with institutional needs, supported by existing collaborations with DTCC.

Finally, Ondo Finance (ONDO), the current leader in tokenized stocks by total value, is positioned to benefit from increased institutional inflows following its recent clearance from an SEC investigation. The successful adoption of DTCC's tokenization service could enhance the credibility, liquidity, and structural demand for these three altcoins.

(Source:BeInCrypto)