DTCC said on 12 November 2026 that its Tokenization Service will connect with Solana, with tokenized versions of eligible Depository Trust Company (DTC)-custodied assets expected on the network in the second half of 2027.
The announcement, issued through the Solana Foundation, extends the service DTCC launched on 28 October. DTCC said the Solana integration will support rapid conversion of eligible traditional assets into tokenized form, along with related token lifecycle functions. According to the announcement, DTC-tokenized assets made available on Solana will keep the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities.
The scale behind the plumbing
DTCC’s own figures give a sense of what is being connected to a public blockchain. Its subsidiaries processed securities transactions valued at $4.7 quadrillion in 2025, the company says, and its depository subsidiary holds custody and asset servicing for securities from more than 150 countries and territories worth $114 trillion. Those numbers are company-reported, but they mark out the Depository Trust & Clearing Corporation as the central post-trade operator in US markets.
For traders, the significance is less the tokenization itself than the timeline: an institution of this size is committing to a rollout on a public network for the second half of 2027, which puts institutional tokenized securities flows on Solana into next year’s calendar rather than this quarter’s.
Protections carried on-chain
Brian Steele, president of DTCC Clearing & Securities Services, framed the service as bridging the two markets: “The DTCC Tokenization Service connects traditional market liquidity with digital asset ecosystems through secure, interoperable and market-neutral infrastructure” . Frank La Salla, DTCC’s chief executive, said the move gives market participants greater choice in where they access tokenized assets while preserving traditional market protections.
The step lands amid a run of US regulatory accommodation for digital asset custody: on 10 November the OCC granted Coinbase a full national trust company charter, the same framework shift that has put tokenized securities on institutional agendas this autumn.
Solana has now drawn two institutional tokenization commitments inside a week. On 9 November, Formation Securities notified the SEC of its intent to operate the first tokenized securities venue on the network. DTCC’s connection, planned for the second half of 2027, is the larger of the two by the scale of the assets it touches.
