DTCC

2026-10-28 20:54

DTCC Tokenization Service Officially Launches, Ondo Finance Becomes Ecosystem Collaborator

According to an official blog post by Ondo Finance, The Depository Trust Company (DTC) has officially launched the DTCC Tokenization Service (DTS). DTC is a subsidiary of The Depository Trust & Clearing Corporation (DTCC). Ondo Finance joins the ecosystem for this service alongside institutions such as Broadridge, DRW, and Fireblocks.

Company Fireblocks Ondo Finance

2026-10-28 19:28

DTCC tokenization service officially launches, initially supporting 34 securities

According to the DTCC official website page, the DTCC Tokenization Service has officially launched, with 34 types of securities available for tokenization at launch. DTC currently holds approximately $30 trillion in custody assets, with tokens backed 1:1 by securities held by DTC, carrying the same legal and ownership rights as the underlying securities. Tokenized assets share a single CUSIP, enabling 24/7 on-chain peer-to-peer transfers between wallets registered with DTC. The service incorporates built-in compliance controls that support near real-time ownership tracking. It currently connects to approved blockchain networks including Besu and Canton Network, with the page indicating that additional networks are scheduled to join in 2027.

Canton Network

2026-10-19 04:34

$30 Trillion Asset Tokenization Service to Open, DTCC Lists Stellar as 2027 Launch Partner

Odaily reports: The U.S. Depository Trust & Clearing Corporation (DTCC) will open commercial access to its tokenization service this month, covering approximately $30 trillion in assets under DTC central securities depository custody—about one-quarter of its total assets under custody. The service will initially run only on two closed platforms, Canton and Besu, with an initial batch of 25 liquid instruments including U.S. Treasuries, major ETFs, and Russell 1000 large-cap stocks. The system will only support two types of participants converting traditional securities into tokens via UI or API between 2:00 and 18:00 ET, while institutions can transfer tokens between wallets around the clock. Stellar (XLM) has been named a 2027 launch partner and will be integrated under the SEP-41 standard alongside Circle's Arc solution, with the original timeline of the first half of 2027 unchanged; a closed pilot in July this year involved more than 30 Wall Street institutions.

Arc Circle Open Stellar Street

2026-10-18 09:01

Goldman Sachs, Wells Fargo, and Morgan Stanley see tokenization as a growth opportunity, but none provided revenue expectations

Odaily reports: On their Q3 earnings calls, Goldman Sachs, Wells Fargo, and Morgan Stanley said they view tokenization as a business growth opportunity, but none provided related revenue expectations. Goldman Sachs is exploring expanding its use of DTCC's tokenization services; Wells Fargo has used tokenized deposits to process cross-border payments, with funds able to reach recipient accounts within two minutes, and is exploring tokenized securities, RWA, and crypto trading services for wealth management clients; Morgan Stanley said tokenization can accelerate and simplify asset transfers, but clients still need investment advice.

ALLO RWA Inc. Xend Finance

2026-10-18 07:34

Goldman Sachs CEO Says Tokenization Will Expand Financial Market Opportunities

Odaily reports: Goldman Sachs CEO David Solomon said during the October 13 earnings call that tokenization is becoming an important trend spanning multiple asset classes and could bring more products, clients, and business. The bank has already tokenized bonds, money market funds, and real estate for some clients.DeFi, prediction markets, and automated trading are also under discussion, but Goldman Sachs has not announced related specific products. Solomon said blockchain-related activity remains relatively small in scale at present.Goldman Sachs uses its proprietary GS DAP platform to provide blockchain-based financial asset infrastructure and participated in the tokenization service launched by the Depository Trust & Clearing Corporation (DTCC) in July, and is evaluating scalable applications. Solomon said tokenization can reduce costs, automate processes, and improve liquidity across asset classes.Solomon said Goldman Sachs supports the passage of the CLARITY Act, despite reservations about some provisions, and is participating in discussions with regulators on market rules. The bank reported third-quarter net revenue of $18.68 billion, with equities business revenue up 72% year-over-year to $6.4 billion. (Bitcoin.com News)

based Bitcoin Bitcoin.com Market Solomon

2026-10-17 16:13

DTCC Tokenization Service Initially Supports 25 Securities Backing Approximately $30 Trillion in Underlying Assets

According to information released by DTCC regarding its tokenization service, the platform will initially support 25 categories of tokenizable securities, backed by DTC-custodied securities worth approximately $30 trillion. Tokens maintain a strict 1:1 peg with their underlying securities, utilize the same CUSIP identifiers, and carry identical rights and investor protections as traditional book-entry instruments, with the official ledger remaining under DTC custody. Peer-to-peer transfers between DTC-registered wallets operate 24/7, subject to built-in compliance restrictions on token transfers. Participants may submit conversion orders via the UI and API during Eastern Time business hours from 2:00 AM to 6:00 PM, with a target processing window of under 15 minutes. U.S. Treasury coupon distributions and maturity redemptions will be processed on-chain, with fiat proceeds disbursed directly to participants’ traditional banking accounts. The inaugural asset lineup comprises Russell 1000 constituents (initiating with select large-cap equities), select ETFs, and U.S. Treasuries. Initial network integrations feature Canton Network (CIP-56) and DTCC’s private Besu network (ERC-20), with Stellar (SEP-41) and Circle’s Arc (ERC-20) targeted for 2027 deployment. The extended roadmap encompasses broadening the universe of tokenizable securities, deploying governance controls such as single sign-on and maker-checker approvals, scaling corporate action capabilities for equities and ETFs, merging book-entry and on-chain position records, and enabling on-chain netting, collateral management, and number

Arc Canton Network Circle entry Stellar Treasury

2026-10-08 21:54

Fidelity: Institutions Have No Way Back on the Path to a Tokenized On-Chain Future

Odaily News — Matthew Horne, Head of Digital Asset Strategy at asset management firm Fidelity Investments, said that over the past 18 months, real institutions have continued to advance toward a tokenized on-chain future, and there is "no way back." He noted that tokenization can provide structural advantages for financial institutions and help asset managers reach new markets.Horne said U.S. asset management institutions in particular are incentivized to move assets on-chain, as tokenization can improve how investors access assets and help institutions reach new markets. Over the past 30 days, demand for tokenized assets grew 41%, with the number of holders exceeding 493,000.Ka Yan Chan, Head of Digital Asset Business Development at UBS Group, said that core assets such as U.S. Treasuries and equities could drive billions of dollars on-chain. She noted that if market infrastructure institutions such as the Federal Reserve or the DTCC take the lead in transforming the custody layer into a tokenized platform, on-chain capital could expand from billions of dollars to trillions of dollars.The U.S. Securities and Exchange Commission (SEC) issued a "no-action" letter in December 2025 to a subsidiary of the Depository Trust and Clearing Corporation (DTCC), allowing it to provide tokenization services for securities markets. Over the past 30 days, more than $1.2 billion in funds has moved on-chain, with stablecoins and tokenized assets combined exceeding $323 billion. (Cointelegraph)

Chain Cointelegraph Digital Asset Future Path Path

2026-09-30 19:05

SEC Proposes Updating Securities Transfer Agent Rules to Include Blockchain-Based Securities Issuance and Share Transfers

the U.S. Securities and Exchange Commission (SEC) on September 1 proposed the first major update to securities transfer agent rules since the late 1970s, aiming to adapt to the shift from paper records to electronic data.SEC Chairman Paul Atkins said the rules should reflect how securities transfer agents actually operate today and in the future, including the use of blockchain technology in securities issuance and share transfers.Securities transfer agents are responsible for maintaining official records of securities ownership, processing transfers and restrictive legends, and collaborating with the Depository Trust & Clearing Corporation (DTCC) as part of the national clearing and settlement system. (CoinDesk)

Based Based CoinDesk Share Share

2026-09-28 21:10

DTCC and iCapital Enter Strategic Partnership with DTCC Investing in iCapital to Jointly Advance Private Markets Infrastructure Upgrades

Odaily News: DTCC has announced a strategic partnership with iCapital and has made an investment in iCapital. The two parties will integrate DTCC's market infrastructure with iCapital's alternative investment platform to enhance efficiency in trade processing, data exchange, administration, and reporting in private markets, and plan to explore applications such as distributed ledger technology (DLT) and tokenization. iCapital currently serves approximately $1.2 trillion in platform assets.

2026-09-24 20:04

HIFI Closes $37 Million Series A Funding Round Led by Left Lane Capital

According to The Block, New York-based stablecoin payment and tokenized asset company HIFI has announced the completion of a $37 million Series A financing round led by Left Lane Capital. Proceeds from the funding will be used to expand its tokenized capital market infrastructure and product lines. HIFI provides API infrastructure that integrates fund flows, compliance, and settlement capabilities, currently processing over $7 billion annually across 87 countries. Prior to this round, HIFI participated in a tokenized securities production trade co-hosted by DTCC, BlackRock, Goldman Sachs, and Nasdaq in July. Later this month, it partnered with Visa to extend its stablecoin settlement platform to remittance and card payment scenarios, initially supporting stablecoin settlements for more than 4 billion Visa cards globally.

based Block HIFI Hifi Finance The Block Visa

2026-09-24 20:00

Stablecoin infrastructure company HIFI completes $37 million Series A funding round, led by Left Lane Capital

stablecoin infrastructure company HIFI has completed a $37 million Series A funding round led by Left Lane Capital, with the specific valuation not yet disclosed. HIFI CEO Zach Walsh stated that this is the company's first priced funding round, and the platform currently processes approximately $7 billion in annualized direct transaction volume. The funding will be used to expand stablecoin payment products and tokenized capital markets infrastructure. HIFI currently supports fiat on/off ramps between USD and stablecoins, payments through the U.S. banking system and bank cards, and provides USD cash settlement services for tokenized repurchase agreements and U.S. Treasury transactions. HIFI has also previously participated in the Depository Trust & Clearing Corporation (DTCC)'s production trading tests for tokenized securities. (Cointelegraph)

Cointelegraph HIFI Hifi Finance Treasury

2026-09-17 22:24

U.S. SEC Chair: Advancing 24-Hour U.S. Stock Trading; Tokenization May Facilitate Real-Time Inventory Management

US SEC Chair Paul S. Atkins released remarks from a roundtable meeting, noting that the SEC is advancing preparations to expand 24-hour trading for the U.S. stock market. Extending trading hours is expected to enable investors to respond more swiftly to market events, broaden global market participation, and enhance liquidity. Mr. Atkins pointed out that the DTCC has already deployed its 23x5 trade capture system to support clearing and settlement. The industry has also established overnight price ranges and risk control requirements for relevant trading centers. The Security Information Processor (SIP) is currently preparing for overnight price dissemination, while tokenization is anticipated to help the securities industry achieve real-time inventory management, improve efficiency, reduce settlement failures, and lower naked short selling risks.

Space SIP

2026-09-17 18:31

Bitwise CIO Revises Clarity Act Outlook: Crypto Bull Run May Not Require Legislative Support

According to The Block, Bitwise Chief Investment Officer Matt Hougan has revised his previous assessment regarding the impact of the Clarity Act's failure. The bill secured only 49 votes in a procedural Senate vote, falling short of the 60-vote threshold needed to advance. While Hougan had previously forecasted that a failed bill would trigger several weeks of crypto market weakness, he noted in his latest client report that Bitcoin has continued to rise after bottoming out around $57,950 on July 1, surpassing $80,000 on September 4. In the same period, Polymarket’s implied probability for the bill’s passage within the year dropped from 39% to 14%. Price action moving contrary to these expectations suggests that the bull market does not rely on legislative passage. Hougan also pointed out that initiatives such as Robinhood launching its own blockchain, Morgan Stanley listing a Solana ETF, and DTCC completing the settlement of the first batch of tokenized stocks demonstrate that Wall Street institutions are already positioning themselves ahead of regulatory clarity. He noted that proactive rulemaking by the SEC and CFTC can partially fill legislative gaps, but acknowledged that executive regulations carry the risk of being overturned by future administrations. Consequently, congressional legislation remains the sole path to providing lasting regulatory certainty.

Bitcoin Bitwise Block Clarity Polymarket Price

2026-09-16 20:57

Accessing Traditional Fund Distribution Networks: Ondo Subsidiary Joins DTCC's Fund/SERV Platform

Ondo Finance has announced its subsidiary Oasis Pro Markets has joined the Depository Trust & Clearing Corporation (DTCC)'s Fund/SERV platform, becoming the first tokenized platform accepted into the fund transaction processing and distribution network.Oasis Pro Markets is a US-registered securities broker-dealer and distributor of tokenized investment products. Fund/SERV processes over 85% of mutual fund transaction activity in the United States; through this integration, Oasis Pro Markets can conduct transactions with fund companies, wealth management platforms, and service providers via standardized connections, and support account-level data transmission, trade confirmation, reconciliation, fund distribution, tax reporting, and regulatory reporting.

Oasis Pro Ondo Finance OpenServ

2026-09-15 09:37

EDEL Rises After Joining DTC Digital Asset Solutions Industry Working Group, Two Addresses Accumulate 7.89 Million EDEL Tokens Recently

Odaily News: According to Lookonchain monitoring, EDEL rose after @edeldotfinance joined the DTC Digital Asset Solutions Industry Working Group. Recently, ezhomi.base.eth bought 5.33 million EDEL worth $98,000 over a period of 4 days; another address bought 2.56 million EDEL worth $48,000 in the past 2 days.

Accumulate Digital Asset Edel Finance Lookonchain

2026-09-09 11:58

Arc mainnet will launch on September 16, and Circle will host a mainnet launch livestream event

Circle stated the event will be held in New York, with topics covering institutional finance, global capital flows, 24/7 markets, and the Agent economy, as well as showcasing first-day products and applications. A developer pre-event session will be held from 11:30 AM to 1:30 PM ET on September 16, followed by a main stage livestream from 2:00 PM to 3:45 PM, with representatives from BlackRock, DTCC, Aave, SBI Group, Morpho, Ripio, Extended, a16z, and Circle participating. Developers can already build on the Arc testnet.

Aave Arc Circle Extended Morpho Ripio

2026-09-04 01:28

Uniswap Founder Hayden: Correlated Trading Pairs Will Drive AMMs into Global Financial Markets

Odaily News Uniswap founder Hayden said on X that correlated trading pairs are emerging. The top five tokenized SPY trading pairs by volume are "bridge" pairs connecting other common base pairs, which then primarily link to highly correlated tokenized stocks. These markets are global, programmable, low-cost, and operate 24/7.Uniswap founder Hayden said on X:.I've been working at the frontier of DeFi for 9 years. It's a fascinating field with infinite depth and the potential to transform capital markets.I've always believed AMMs hold immense potential, but for the past decade, one question has persisted: Can this novel market structure truly become the core engine for all financial markets?After years of evolution and development, the path for AMMs to achieve global dominance is becoming increasingly clear. To explain this, we need to start in 1976.Tokenization Changes Market Makers.Index funds celebrated their 50th anniversary this month. When Jack Bogle launched the index fund in 1976, he hoped to raise $150 million but ultimately raised only $11.3 million. Competitors called it "Bogle's Folly," posting posters claiming index funds were un-American. They argued that a fund making no decisions couldn't possibly beat professionals paid to make decisions. Today, the majority of US fund assets are allocated to passive investment vehicles.I've been thinking about this recently because tokenization's "folly moment" is ending. The SEC has approved NASDAQ and the NYSE to trade tokenized stocks. DTCC, which handles virtually all US securities settlement, also conducted a live pilot of tokenized trades in July. Nearly all related activity is described the same way: treating tokenization as an infrastructure upgrade.The same markets, faster, cheaper, and always open. These statements are all true, but I believe the infrastructure upgrade framework obscures a larger change. Tokenization makes markets programmable, changing how markets exist, who makes markets, and what is traded.In 2018, I created Uniswap, an automated market maker protocol. Anyone can deposit two assets into a shared liquidity pool and earn fees from every trade, while prices adjust along a curve as users buy and sell. Uniswap has operated autonomously since its launch, processing over $4.6 trillion in cumulative volume and increasing DEX spot volume share from under 1% to over 20%.As AMMs like Uniswap continue to evolve, their liquidity has formed a pattern most financial markets haven't noticed yet: correlated trading pairs.The Easiest Place to Find Success.To succeed everywhere, you must first succeed somewhere. AMMs found product-market fit in long-tail markets because most assets previously couldn't attract professional market makers' attention. On Uniswap, anyone can create a market with a single transaction, and issuers and early supporters can become the first liquidity providers.Then came stablecoin pairs. Take USDC/USDT, for example. A good passive strategy can approach optimal l

Circle Citadel Citadel Citadel Ethereum Market

2026-09-02 21:19

HashKey joins DTCC Tokenization Innovation Working Group, becoming the first Asian crypto service provider to join

Odaily News: Digital asset service provider HashKey has joined the Digital Asset Advisory Services Industry Working Group of the Depository Trust & Clearing Corporation (DTCC), becoming the first Asian digital asset service provider to join the working group. The working group comprises over 100 global financial institutions and asset management companies, including JPMorgan Chase, Goldman Sachs, Nasdaq, and the New York Stock Exchange (NYSE).DTCC is a core post-trade infrastructure provider in traditional financial markets. The working group aims to advance the issuance, settlement, and custody of tokenized assets at institutional scale. DTCC plans to launch its tokenized securities access service in October, with custodial liquid assets currently reaching $114 trillion.In December last year, the U.S. Securities and Exchange Commission (SEC) issued a "no-action" letter to a DTCC subsidiary, permitting it to offer new securities tokenization services in the market. SEC Chairman Paul Atkins stated that the approval of the DTCC pilot is just the starting point, and the SEC will consider innovation exemption mechanisms. (Cointelegraph)

Cointelegraph Digital Asset

2026-09-02 09:46

U.S. SEC Announces Agenda for September 17 "24-Hour Trading" Roundtable Featuring Robinhood, NYSE, BlackRock, and Others

The U.S. Securities and Exchange Commission (SEC) announced that it will hold a "24-Hour Trading Readiness" roundtable at its headquarters in Washington, D.C., on September 17 from 10:00 AM to 4:00 PM ET. The event will be open to the public and live-streamed on the SEC website, with advance registration required for in-person attendance. Participating institutions include Robinhood, the New York Stock Exchange, BlackRock, Virtu Financial, the Chicago Board Options Exchange, BNY Pershing, UBS, FINRA, Jane Street, State Street, Samsung, Charles Schwab, Nasdaq, Interactive Brokers, DTCC, OTC Markets Group, BNP Paribas, 24X, Invesco, Citadel Securities, DriveWealth, Blue Ocean, and Citigroup, among others.

Blue BNP Paribas Citadel Citadel Citadel Robinhood

2026-08-10 18:31

The on-chain tokenized asset market is expected to reach $4 trillion by the end of 2028, while Standard Chartered projects Chainlink will hit $200 by the end of 2030

Odaily News: Standard Chartered initiated coverage on Monday of blockchain oracle project Chainlink, projecting LINK to reach $200 by the end of 2030 — roughly 25 times its current price of around $8. The bank's phased targets are $13 by the end of this year, followed by $41, $82, and $133. Standard Chartered estimates that the on-chain tokenized asset market will reach $4 trillion by the end of 2028, with DeFi-deployed assets hitting $2.7 trillion by 2030 — a 37-fold increase from current levels. The bank expects Chainlink fees to grow approximately 25-fold over the same period, assuming token prices track fee growth. Chainlink secures over $110 billion in total value, covering approximately 70% of the value that global DeFi relies on from oracles, with a share exceeding 80% on Ethereum; Aave V3 accounts for 44% of that. Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and S&P Global are all listed as institutions using its services. Chainlink still lags behind LayerZero in cross-chain interoperability. Following the $292 million attack in April, over $7 billion in token value has migrated to Chainlink CCIP, with second-quarter transaction volume reaching $4.9 billion — up 353% year-over-year. Risks include slowing institutional tokenization, pilots not converting to production processes, and technical failures impacting confidence. (Decrypt)

Aave Chainlink Decrypt Ethereum LayerZero 摩根大通