DTCC lines up 50 giants for tokenized securities launch
The Depository Trust & Clearing Corporation plans to start limited production trades of tokenized securities in July 2026. DTCC plans July tokenized securities pilots before targeting a full service launch in October 2026.Over 50 TradFi and DeFi firms joined DTCCs working group, including BlackRock, Circle and Ondo.Initial tokenized assets may include major index ETFs, Russell 1000 stocks and U.S. Treasury securities. The post-trade market infrastructure group aims to launch the full DTC tokenization service in October 2026. DTCC said the service will cover real-world assets held in DTC custody. The firm said tokenized assets should carry the same rights, investor protections and ownership claims as securities held in traditional form. DTC currently provides custody and asset servicing for more than $114 trillion in securities. Wall Street and DeFi firms join design work The DTCC Industry Working Group includes more than 50 firms from traditional finance and crypto. The list includes BlackRock, Goldman Sachs, J.P. Morgan, Morgan Stanley, Bank of America, Circle, Fireblocks, Robinhood, Ondo Finance, Ripple Prime, NYSE Group, Nasdaq and Payward, Krakens parent company. The group brings together asset managers, banks, trading venues, custodians, brokers and blockchain service providers. DTCC said it will use their feedback to test technical workflows, market readiness and the