DTCC Eyes July Pilot and October Launch for Tokenized Securities Platform

The Depository Trust & Clearing Corporation (DTCC) is preparing to launch a pilot program for trading tokenized securities in July, with a broader full-service rollout targeted for October.

To support the initiative, the post-trade infrastructure giant has formed a working group of more than 50 firms spanning traditional finance and crypto. Participants include Alpaca, BitGo Bank & Trust, Anchorage Digital, BlackRock, Fireblocks, Circle, and several major U.S. banks, all contributing to the system’s design and testing.

DTCC, which currently safeguards an estimated $114 trillion in securities ranging from equities to ETFs, aims to bring real-world assets on-chain in a way that preserves existing ownership rights, investor protections, and entitlements, but in a fully digital format.

The initiative follows regulatory approval from the US SEC in December, allowing DTCC to offer tokenization services on approved blockchains for a 3-year term.

The initial phase will involve limited production trades. From there, it will expand to a wider range of highly liquid instruments such as major index ETFs, Russell 1000 equities, and U.S. Treasury bills and bonds.

Source: https://x.com/The_DTCC/status/2051278748796776680?s=20