DTCC Targets October Launch for Tokenized Securities With Industry-Wide Collaboration

Pilot Program Signals Shift Toward Onchain Financial Infrastructure

Depository Trust & Clearing Corporation is preparing to roll out a tokenized securities platform, with pilot trading expected to begin in July and a full launch targeted for October. The initiative brings together more than 50 firms across traditional finance and decentralized ecosystems, including BlackRock, Circle, and Fireblocks.

With approximately $114 trillion in assets under custody, DTCC aims to integrate tokenization into existing financial rails rather than build parallel systems. The platform is designed to offer the same investor protections and ownership rights as traditional securities.

Regulatory Backing and Asset Coverage

The initiative follows approval from the U.S. Securities and Exchange Commission to operate tokenization services on select blockchains for a three-year period. The pilot will focus on limited trades, while the full rollout is expected to include tokenized exchange-traded funds, U.S. Treasury instruments, bonds and equities tied to major indexes such as the Russell 1000.

Tokenization Market Expands Rapidly

Interest in tokenized real-world assets continues to grow, with market value rising sharply in 2026. Tokenized equities alone have expanded past $1.2 billion, supported by platforms like Kraken.

The move reflects a broader industry push, with institutions increasingly viewing blockchain-based settlement as a natural evolution of global financial markets.