DTCC Plans to Add Solana to Tokenization Service in Second Half of 2027

The Depository Trust & Clearing Corporation (DTCC) plans to connect its Tokenization Service to Solana in the second half of 2027, allowing eligible assets held by DTC to be tokenized.

The integration is designed to quickly convert eligible traditional assets into tokens. DTCC says assets tokenized on Solana and other networks connected to the service will retain the investor protections, ownership rights and regulatory safeguards associated with traditionally held securities. The service represents DTC-held securities as “digital twins” and supports conversion back to traditional form, preserving rights and economic benefits.

The Tokenization Service went live Oct. 28 on Canton Network and DTCC’s private Besu network, with 20 participants signed up. The service’s initial two-network launch was part of DTCC’s plan to extend support to more blockchains in 2027. DTCC also expects to make the service available on Stellar in the first half of 2027.

DTCC President and CEO Frank La Salla said adding Solana would give market participants another option for accessing tokenized assets while preserving protections found in traditional markets.