DTCC to Explore Tokenization on Stellar; XLM Jumps 96% Over the Past Week

CoinDesk reports that Stellar's native token, XLM, rallied after the Depository Trust & Clearing Corporation (DTCC) said it would explore asset tokenization on the Stellar network. XLM is up nearly 50% over the past two days and about 96% over the past seven days. The initiative has drawn attention because DTCC is a core piece of global market infrastructure. The report says the concept could extend to tokenized versions of Russell 1000 constituents, major ETFs, and U.S. Treasuries. If the effort advances into a pilot phase, Stellar could see a broader set of real-world asset tokenization use cases, reinforcing investor expectations around institutional-grade adoption. For crypto markets, involvement from traditional financial infrastructure players in on-chain settlement and asset issuance is often treated as a stronger adoption signal. XLM responded faster than most large tokens following the announcement. Market participants are weighing not only the price move but also whether Stellar can turn this into a clearer pipeline for institutional partnerships and whether tokenization can become a durable narrative for the ecosystem. Details remain limited. Key questions include whether a formal pilot will be launched, whether related products will receive regulatory approval, and how issuance, custody, and settlement would be implemented on Stellar. Markets are also watching whether the pilot and partners will be disclosed and whether a specific tokenized product solution is already in place. Further execution detail could lift expectations for institutional participation; if developments remain in the research stage, enthusiasm may fade.