The Depository Trust & Clearing Corporation (DTCC) announced on Thursday a plan to enable eligible securities held at its depository arm, The Depository Trust Company (DTC), to be tokenized on Solana blockchain by the second half of 2027. The integration will run through the DTCC Tokenization Service, which went live on Oct. 28. DTCC's decision brings one of the largest securities custody and settlement systems in the United States onto a blockchain network designed for high-speed, low-cost transactions, while preserving the investor protections and regulatory safeguards that apply to traditionally held securities.
DTCC Integration Brings $114 Trillion Custody System to Solana
DTC provided custody for securities valued at $114 trillion in 2025, according to the release. DTCC's subsidiaries processed transactions worth $4.7 quadrillion that year. The integration will let eligible traditional assets held at DTC be converted into digital tokens on Solana's main network and managed onchain from there. Tokenization means issuing a traditional asset, such as a stock or a bond, as a digital token on a blockchain.
Frank La Salla, DTCC's president and CEO, said the company is "bringing regulated, DTC-tokenized securities to another major blockchain ecosystem." He said this gives market participants more choice "while preserving the protections of traditional markets."
Brian Steele, president of DTCC Clearing & Securities Services, said tokenized assets on Solana "will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities."
Solana Foundation Highlights Institutional Blockchain Adoption
Nick Ducoff, general manager, institutional, at the Solana Foundation, said "Institutions choose Solana because it already runs real financial activity at scale." Ducoff said the integration pairs one of the most trusted names in post-trade infrastructure with a network "built for always-on markets." Post-trade infrastructure refers to the systems that clear, settle and record trades after they happen.
Solana is a blockchain built for fast, low-cost transactions. The Solana Foundation is the nonprofit that supports the network's growth.
DTCC Targets Multiple Blockchain Networks for Tokenization Service
DTCC says it is building for several blockchains rather than just one. Nadine Chakar, global head of DTCC Digital Assets, said the company wants to give users access to "mature distributed ledger technology networks like Solana that have established performance, security and governance features." A distributed ledger is a shared record of transactions kept across many computers, the core idea behind a blockchain.
The release gives no figures yet for how many assets will move to Solana or which firms will use the connection first.
FAQ
What did DTCC announce on Thursday?
DTCC announced on Thursday a plan to enable eligible securities held at The Depository Trust Company (DTC) to be tokenized on Solana blockchain by the second half of 2027.
How much in securities does DTC hold?
DTC provided custody for securities valued at $114 trillion in 2025, according to the release. DTCC's subsidiaries processed transactions worth $4.7 quadrillion that year.
What protections will tokenized securities on Solana have?
Brian Steele, president of DTCC Clearing & Securities Services, said tokenized assets on Solana "will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities."
