DTCC and Stellar Target 2027 Launch for Tokenized DTC Securities

The initiative could support faster settlement, greater asset mobility, extended trading hours, and lower operational risk. It also fits DTCCs broader standards-driven, multi-chain strategy as traditional finance firms test blockchain infrastructure at scale.

“This collaboration represents another step forward in DTCC‘s efforts to build an open, interoperable digital infrastructure that bridges traditional and digital markets,” said Frank La Salla, DTCC’s president and CEO. La Salla added that tokenization could improve transaction and capital efficiency, increase transparency, and support collateral mobility.

Stellar is a public blockchain used for securities, payments, and remittances. The planned integration will support the conversion of traditional assets into tokenized form, along with the asset lifecycle, including corporate actions and reporting.

Denelle Dixon, CEO and executive director of the Stellar Development Foundation (SDF), said the partnership links public blockchain networks with regulated market infrastructure.

Stellar‘s proven compliance-minded architecture, open infrastructure, and risk management capabilities are aligned with market demands and expectations. We have always believed that blockchain’s utility for finance is to be the rail that institutional-grade markets can depend on.

Before launch, DTCC and SDF will study potential use cases across eligible asset classes. These may include highly liquid securities such as Russell 1000 constituents, exchange-traded funds (ETFs) tracking major indexes, and U.S. Treasury bills, notes, and bonds.

Brian Steele, DTCC managing director and president of clearing and securities services, said the firm aims to bring tokenization to markets safely and at scale. He said DTCC will use more than 50 years of clearing and settlement experience to help drive industry adoption.

The Stellar connection is one step in that wider buildout. For capital markets, it signals a shift from tokenization pilots toward infrastructure that could sit alongside core securities settlement systems.