The Depository Trust and Clearing Corporation (DTCC) has announced plans to enable the tokenisation of assets custodied by the Depository Trust Company (DTC) on blockchain network Solana.
The integration is expected to be completed in the second half of 2027, after which DTC-tokenised assets will be available on the network. DTCC states in a press release that connecting the DTCC Tokenization Service (DTS) to Solana’s L1 network will allow it to “deliver an interoperable financial ecosystem where assets can move seamlessly across and between traditional infrastructure and multiple blockchain networks”.
Frank La Salla, president and CEO of DTCC said that the move will give market participants “greater choice in where they access and utilise tokenised assets while preserving the protections of traditional markets and expanding opportunities for liquidity, collateral mobility, and capital efficiency”.
