DTCC to integrate $114 trillion tokenization service with Solana in 2027

The Depository Trust & Clearing Corporation (DTCC), the world’s leading securities clearing and settlement institution, has announced plans to connect its Tokenization Service to the Solana blockchain. The integration is scheduled for the second half of 2027 and will cover eligible securities currently held by its subsidiary, the Depository Trust Company (DTC). The upcoming Solana connection is set to provide DTCC participants with additional flexibility when converting and moving assets using blockchain technology. DTCC currently operates its Tokenization Service across both the Canton blockchain and a private Besu network, enabling participants to choose where their digital asset representations are maintained. The decision to add Solana, a high-performance blockchain known for its rapid transaction speeds and low costs, reflects growing institutional demand for broader blockchain network access.

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