DTCC has launched its tokenization service on Canton Network and its private Besu blockchain, initially covering select large-cap Russell 1000 stocks, ETFs and U.S. Treasury securities. A DTCC spokesperson said 34 securities are eligible at launch, representing about $30 trillion in market value, and 20 firms including JPMorgan, Citi, Morgan Stanley, Bank of America and UBS have signed agreements to access the service. The tokens are backed one-for-one by securities held at DTC and can move between registered wallets 24/7, while official ownership records stay with DTC. DTCC plans to add Stellar and Circle Internet's Arc blockchain in 2027, along with tools for settling transactions with digital cash and using tokenized securities as collateral.
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Related tickers and likely impact
ETH/USDT
▲ Likely positiveEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $285.6B |
| Close on 10/27/2026 | 2,350.36 |
| Change that session | +1.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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