DTCC taps Canton Network, Digital Asset to tokenize US Treasuries
DTCC is partnering with Canton Network and Digital Asset to tokenize US Treasury securities custodied by the DTC.Summary
The Depository Trust & Clearing Corporation (DTCC) has initiated a strategic collaboration with Digital Asset and the Canton Network to enable the on-chain tokenization of US Treasury securities held by the Depository Trust Company (DTC). This move follows DTCC receiving authorization from the SEC via a No-Action Letter to operate a real-world asset tokenization service. The partnership aims to establish a shared infrastructure layer that prioritizes privacy, compliance, and institutional control, leveraging the privacy features of Canton Network's blockchain technology. DTCC CEO Frank La Salla stated this collaboration creates a roadmap for high-value tokenization use cases, starting with US Treasuries and eventually expanding to other DTC-eligible assets. The service, slated for a 2026 launch, will offer digital representations of assets like the Russell 1000 and ETFs, maintaining the same legal rights as traditional assets while aiming to unlock efficiency and liquidity in capital markets.
(Source：Crypto Briefing)