DTCC to Launch Limited Trading of Tokenized Assets in July, Receives Feedback from BlackRock, Circle, and Others

BlockBeats News, May 5th, The Depository Trust & Clearing Corporation (DTCC), the core infrastructure organization for the U.S. market's custody and settlement, announced that it will begin facilitating "early-stage, limited live asset tokenization transactions" in July 2026 and fully roll out its tokenization service in October.

The service obtained approval through a No-Action Letter from the U.S. Securities and Exchange Commission (SEC) at the end of last year, allowing DTCC to provide participants with the ability to tokenize specific highly liquid assets on a pre-approved blockchain during a three-year authorization period. These assets include Russell 1000 index component stocks, ETFs tracking major U.S. indices, and U.S. treasuries, bills, and bonds.

DTCC President and CEO Frank La Salla stated: "We believe that tokenization will significantly transform how markets operate, bringing new levels of liquidity, transparency, and efficiency to investors." Currently, over 50 companies have joined the DTCC industry working group, including Morgan Stanley, Nasdaq, Kraken's parent company Payward, and Robinhood Markets, while feedback has been provided by BlackRock, Circle, and other companies. As financial firms explore bringing traditional assets onto the blockchain, interest in tokenization has surged, with this shift expected to enable 24/7 trading and faster settlement.