DTCC Plans to Bring Tokenized Stocks, ETFs and Treasuries to Solana in 2027
The Depository Trust & Clearing Corporation (DTCC) plans to connect its Tokenization Service to Solana in the second half of 2027, creating another route for eligible securities held within traditional financial markets to be represented on a public blockchain. The planned integration will cover assets held by DTCC subsidiary The Depository Trust Company (DTC).
Announced on November 12, 2026, the move forms part of DTCC’s broader multi-chain strategy. It is intended to give market participants more choice in where they access and use tokenized securities while maintaining the ownership rights, investor protections and regulatory safeguards associated with traditionally held assets.
Brian Steele, Managing Director and President of DTCC Clearing & Securities Services, said: “DTC-tokenized assets made available on Solana – and all blockchain networks integrated with the service – will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities.”
Solana Integration Scheduled for the Second Half of 2027
The planned connection will link the DTCC Tokenization Service (DTS) with Solana’s Layer 1 blockchain. Through the service, eligible assets held at DTC can be converted into tokenized representations and managed through supported blockchain infrastructure.
DTCC President and CEO Frank La Salla said the expansion would give market participants greater choice while preserving the protections of traditional markets. He also pointed to potential opportunities involving liquidity, collateral mobility and capital efficiency.
The scale of DTCC’s existing operations makes the announcement significant for the tokenization sector. In 2025, its depository subsidiary provided custody and asset servicing for securities valued at approximately $114 trillion, spanning more than 150 countries. DTCC plays a central role in the post-trade process, including clearing, settlement, custody and asset servicing.
The planned Solana connection does not mean every security held by DTCC will become available onchain. The service is limited to assets that qualify under its regulatory authorization and operational framework.
Which Securities Will Be Eligible for Tokenization?
The initial asset categories are defined by a December 2025 No-Action Letter from the U.S. Securities and Exchange Commission (SEC). The authorization allows DTC to offer a tokenization service for a specified group of highly liquid securities during a defined three-year period.
Eligible assets include select companies in the Russell 1000, exchange-traded funds tracking major market indices, and U.S. Treasury bills, bonds and notes. The scope is therefore broader than stocks alone, but it does not cover every security held in DTC custody.
The SEC’s December 2025 statement on the DTC tokenization authorization describes the framework for tokenized security entitlements. DTCC also outlined the eligible asset categories in its announcement of the new tokenization service.
DTCC Tokenization Service Is Already Live
The Solana integration is part of a wider rollout rather than the launch of an entirely new DTCC product. DTCC brought its Tokenization Service into production on October 28, 2026, following earlier development and limited-production activity.
At launch, the service was available through Canton Network and DTCC’s private blockchain infrastructure, which uses the Besu framework. Solana is among the networks on DTCC’s expansion roadmap for 2027, alongside Stellar and Circle’s Arc blockchain.
The service is designed to support the conversion of eligible securities between traditional and tokenized forms. It also supports round-the-clock peer-to-peer transfers between DTC-registered wallets on the same blockchain. However, direct transfers between different blockchain networks are not currently supported. Cross-chain token conversion remains part of the service’s future development plans.
DTCC detailed the production rollout in its October 28 launch announcement. The service is intended to connect traditional securities infrastructure with blockchain networks while retaining DTC’s role in recording and servicing the underlying securities.
Solana Adds Institutional Settlement Infrastructure
DTCC’s planned integration follows another development aimed at institutional financial activity on Solana. On October 6, the Solana Foundation announced Solana DvP, an open-source delivery-versus-payment standard developed for institutional settlement, with input from JPMorgan.
Delivery-versus-payment, or DvP, is a settlement method in which the transfer of an asset and its corresponding payment take place together. The transaction is structured so that either both sides are completed or neither side moves. This atomic settlement approach is designed to reduce the risk that one party delivers an asset without receiving the agreed payment.
The Solana Foundation introduced the standard as a shared alternative to bespoke smart contracts built for individual settlement arrangements. Its Solana DvP announcement says JPMorgan provided input on institutional settlement practices and requirements. Technical details are also available in the foundation’s DvP program documentation.
What the DTCC Move Means for Solana
Connecting DTS to Solana would give institutions another blockchain network through which they can access eligible tokenized securities. It also links a major part of traditional post-trade infrastructure with Solana’s onchain environment, potentially supporting new ways to move and use tokenized assets.
Nick Ducoff, General Manager of Institutional at the Solana Foundation, said institutions use Solana because it already supports financial activity at scale. He described the planned integration as a connection between established post-trade infrastructure and a network designed for continuous onchain markets.
The preservation of existing investor protections is a central part of the arrangement. Tokenized representations made available through DTS are intended to retain the same ownership rights and regulatory safeguards as the corresponding traditionally held securities. This is distinct from issuing an unrelated token that merely tracks a stock’s market price.
The timeline and scope remain important limitations. Solana availability is planned for the second half of 2027, and the initial service will cover only securities eligible under the existing authorization. The announcement does not establish that all DTCC-custodied assets will be tokenized or that cross-chain transfers will be available when the Solana integration launches.
For now, the development marks another step in DTCC’s multi-chain expansion and adds Solana to the networks being considered for regulated tokenized securities. Its practical reach will depend on the eligible assets, participating institutions and features supported when the integration becomes available.
