DTCC opens $30 trillion tokenization service, excludes Stellar until 2025

The Depository Trust & Clearing Corporation (DTCC), a leading US post-trade financial services company, will launch commercial access to its Tokenization Service at the end of this month. This initiative enables major financial institutions to create digital representations, or “digital twins,” of traditional securities across a vast $30 trillion asset pool. This figure represents approximately one quarter of all assets currently managed by the DTCC’s central securities depository. DTCC will restrict the initial phase of the service to selected major private bank networks, excluding public blockchains from participation until at least 2025. The first wave of tokenized liquidity is expected to circulate solely among participating banks and their clients on private blockchains.

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