DTCC to bring tokenized securities to Solana in 2027

The US securities settlement giant DTCC will connect its tokenization service to Solana. Tokenized assets on the network are expected in the second half of 2027. The company announced the plan on Nov. 12.

What DTCC announced

According to The Block and Decrypt, DTCC plans to link its DTCC Tokenization Service (DTS) to Solana. Eligible assets held by its subsidiary Depository Trust Company (DTC) would be turned into tokens directly on that blockchain. The integration is scheduled for the second half of 2027.

DTC custodies more than $114 trillion in assets, so any expansion of the service touches the core of the American securities market. DTS itself went live on Oct. 28 on the Canton Network and on DTCC's own private blockchain built on the Besu framework. The company promises to add more networks in 2027.

Solana will be the third.

How the service works

DTS creates tokenized "digital twins" of securities sitting in DTC accounts. The list of assets at launch is deliberately narrow and covers only highly liquid instruments.

• stocks from the Russell 1000 index
• ETFs that track major indexes
• US Treasury securities

Brian Steele, president of DTCC Clearing & Securities Services, explained that tokens issued on Solana will keep the same ownership rights and regulatory safeguards that apply to traditionally held securities.

"DTCC is bringing regulated, DTC-tokenized securities to another major blockchain ecosystem, giving market participants greater choice in where they access and utilize tokenized assets."

- Frank La Salla, CEO of DTCC, from the DTCC announcement of Nov. 12, 2026

Why Solana was picked

The network has been courting traditional finance for months. Nick Ducoff, who leads institutional efforts at the Solana Foundation, argues that institutions choose Solana because it already runs real financial activity at scale. In his words, assets are already being issued, settled and deployed with capital on it.

The technical base has changed too. Solana launched Alpenglow, and the time to final confirmation of transactions fell to roughly 150 milliseconds. Trading platform Formation, for its part, told the SEC it plans to trade tokenized US stocks on Solana, starting with Galaxy and Forward Industries.

Rivals are not standing still. Earlier this week NYSE chose Avalanche for settling tokenized stocks, and DTCC adds one more venue to that list.

Market reaction and next steps

The token did not respond with a rally. According to Decrypt, SOL traded near $80.7 and lost about 3.8% on the day, like most of the crypto market. Launch is still almost a year away.

Not every issuer welcomes tokenization. In October, Microsoft, Alphabet and Goldman Sachs joined the companies objecting to tokenized stocks, and nine companies declined to take part in the OKX and ICE venue. For DTCC that means securities owners will decide whether to issue in token form, and backing a new network decides nothing for them.

So DTS, which began operating on Oct. 28, will step beyond Canton and Besu in 2027. For Solana it is one more institutional signal, this time from Wall Street's main settlement hub.