According to Odaily, DTCC has opened its tokenization service for 25 securities backed by approximately $30 trillion in underlying assets held in DTC custody. Tokens maintain 1:1 correspondence with original securities using the same CUSIP, with investor protections equivalent to book-entry securities. DTC custody records remain with the official custodian, while 24/7 peer-to-peer transfers occur between DTC-registered wallets, subject to compliance restrictions.

The first phase supports Russell 1000 components, select ETFs, and U.S. Treasuries on Canton Network's CIP-56 and DTCC's Besu ERC-20 network. Stellar's SEP-41 and Circle's Arc ERC-20 are expected to integrate in 2027. U.S. Treasury distributions and maturities will be processed on-chain with fiat payments to participants' traditional accounts.

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