DTCC plans to bring tokenized assets to Stellar in latest Wall Street blockchain push The U.S. market infrastructure giant targets connecting tokenized stocks, ETFs and Treasuries to Stellar in the first half of 2027.
What to know: – Wall Street clearing giant DTCC said it plans to connect its tokenized securities platform to Stellar by 2027. – The move expands DTCC’s multi-chain strategy for blockchain-based securities settlement. – Wall Street firms and exchanges are accelerating plans for tokenized stocks and Treasuries
The Depository Trust & Clearing Corporation (DTCC), Wall Street’s clearinghouse, said Wednesday it plans to connect its tokenized securities platform to the Stellar (XLM) network, expanding a broader effort by Wall Street firms to move traditional financial (TradFi) assets onto blockchain rails. Tokenized assets custodied by DTCC’s Depository Trust Company could become available on Stellar during the first half of 2027, DTCC and the Stellar Development Foundation said in a press release shared with CoinDesk. The firms said the integration would support issuance, settlement and lifecycle management of blockchain-based versions of traditional securities.
They also plan to explore use cases to tokenize “highly liquid assets” such as major indices and U.S. Treasury debt instruments. XLM (XLM), the native token of Stellar, jumped 3% on the news before paring some of the gains.