$30 trillion — that is the pool DTCC says could be tokenized over time, and the live launch this month starts with just 25 securities.
Key points:
Large-cap stocks, major ETFs and US Treasuries come first
Every token is backed 1:1 and keeps the same CUSIP and rights
Transfers run 24/7 between approved wallets on Canton and Besu
What makes this news heavy is the name behind it. DTCC handles the settlement backbone for US stocks, and its DTC custody arm holds more than $114 trillion. Over 30 institutions already tested the Tokenization Service in live trades in July.
Access stays limited to eligible participants and screened wallets, with conversions finished in about 15 minutes on business days. The wider rollout, including Stellar and Circle's Arc, is set for 2027.
In my view, this is tokenization growing up: cautious, regulated and built for collateral that never has to sit idle overnight again.
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