DTCC and the Stellar Development Foundation (SDF) plan to make tokenised DTC-custodied assets available on the Stellar blockchain network. The firms expect the connection to go live during the first half of 2027.
The initiative follows the SEC’s no-action letter issued in December 2025, which authorised DTC to implement and operate a service for tokenising real-world assets held within its custody framework.
According to DTCC, the service will allow market participants to use traditionally held assets in a digital environment while maintaining “the same investor protections, entitlements and safeguards” as conventional securities held at DTC.
The organisations state that the setup is intended to support the full lifecycle of tokenised assets, including settlement, corporate actions and reporting.
Frank La Salla, DTCC president and CEO, described the project as part of DTCC’s effort to build “an open, interoperable digital infrastructure” connecting traditional and digital markets.
Multiple networks
The announcement positions Stellar within DTCC’s broader multi-chain strategy. Nadine Chakar, global head of DTCC Digital Assets, said the organisation is working to integrate “multiple L1 and L2 networks” as part of the tokenisation service.
Before launch, DTCC and SDF will evaluate tokenisation use cases for eligible assets, including Russell 1000 equities, ETFs tracking major indices and US Treasury securities.
The announcement did not specify which participants will access the service first or how settlement flows between DTC infrastructure and public blockchain networks will operate in practice.
