DTCC plans to bring its tokenization service to Solana in late 2027

What DTCC announced

The Depository Trust & Clearing Corporation plans to connect its DTCC Tokenization Service to the Solana network in the second half of 2027, the U.S. market infrastructure company said. The integration would let eligible assets held by its subsidiary, the Depository Trust Company (DTC), be converted into tokens on Solana.

DTCC launched the tokenization service last month on a private network and on Canton. Adding Solana extends the service to a public blockchain, which the company said is meant to strengthen links between traditional financial markets and blockchain-based systems.

The company did not say which assets would be eligible, how many it expects to tokenize, or what the service will cost.

How the two sides framed it

Nick Ducoff, head of corporate affairs at the Solana Foundation, said institutions picked the network because it already processes real financial transactions at scale. He said the combination pairs a long-established post-trade infrastructure provider with a network built for continuously open markets.

DTCC president and chief executive Frank La Salla said the company is adding regulated, company-managed tokenized securities to another major blockchain ecosystem. According to his statement, the aim is to give market participants more ways to access and use tokenized assets while keeping the safeguards of traditional markets and widening options for liquidity, collateral mobility and capital efficiency.

The announcement follows DTCC's earlier step into tokenization on a private network and Canton. Solana would be the first public chain named in the plan.

What is still open

The timeline places the Solana integration more than a year away, and DTCC has not published technical details, a list of eligible assets or any regulatory conditions attached to the rollout. Whether other public networks will follow Solana has not been stated.