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DTCC Expands Tokenization Plans to Include Solana Network

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DTCC tokenization plans — The Depository Trust & Clearing Corporation (DTCC), a key securities infrastructure provider for Wall Street, has announced plans to expand its digital asset tokenization roadmap to include the Solana blockchain, targeting a 2027 rollout.

The DTCC, which processes trillions of dollars in securities transactions annually, intends to bring tokenized versions of traditional assets like stocks, exchange-traded funds (ETFs), and U.S. Treasuries to the Solana network. This move significantly expands the firm’s previously announced digital asset strategy, which initially focused on the Stellar and Arc blockchains.

The inclusion of Solana represents a major endorsement of the network’s scalability and infrastructure by a cornerstone institution of the traditional financial system. The DTCC’s initiative is part of a broader industry trend where established financial giants are exploring blockchain technology to modernize the issuance, settlement, and custody of assets.

The planned expansion, with a target date of 2027, signals a long-term commitment to integrating blockchain solutions into core market infrastructure. The move could pave the way for greater institutional adoption of blockchain-based financial products and increase interoperability between traditional finance and digital asset ecosystems.

Original reporting: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data