DTCC Goes Live With Blockchain Tokenization of 34 US Securities Worth $30 Trillion

DTCC launched a blockchain tokenization service on October 28 covering 34 US securities worth about $30 trillion. Canton Network and DTCC's private Besu chain carry transfers, with 20 firms including JPMorgan, Citi and Fidelity signed on. Tokens stay in DTC custody and keep existing ownership rights. Stellar connection is planned for the first half of 2027.