# The Clearing House Targets Tokenized Deposit Transactions by Q2 2027 By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/37873 Published: 2026-10-22T12:55:10.000Z Updated: 2026-10-22T12:55:10.000Z Section: Technology > The schedule calls for design work and bank integration in fall 2026, with initial banks and customers prepared for the network during the first quarter of 2027. The Clearing House plans to begin integrating banks into its tokenized-deposit network in fall 2026, with transaction processing targeted for the second quarter of 2027 as development moves toward institutional use. The next phase is design work and integration with banks during fall 2026. The Clearing House plans to prepare an opening group of banks and customers during the first quarter of 2027, then start network transactions in the second quarter. A tokenized deposit is an electronic record representing bank-held funds. The planned network is intended to let banks clear and settle those deposits across institutions, with support for automated workflows, richer transaction data and around-the-clock settlement. Quant will provide the network’s software layer. The firm’s [network assignment]() includes system interoperability, transaction orchestration and management, plus connections to RTP and CHIPS. Participating institutions are expected to receive access during the first half of 2027. More details on participation and use cases are expected as development continues. ## Links in this article - [network assignment](https://www.tokenpost.com/news/technology/24521)