DTCC Secures SEC Approval for Tokenizing Traditional Assets
- The Depository Trust Company (DTC) received a No-Action Letter from the U.S. SEC to operate a tokenization service for three years.
- Tokenization services will launch in the second half of 2026, focusing on highly liquid assets like stocks from the Russell 1000 and U.S. Treasury securities.
- Access to these services will initially be limited to DTC participants and their clients to ensure close monitoring.
- Chainlink has been collaborating with DTCC since early plans in 2024, enhancing interoperability for asset tokenization.
- Recent monthly transaction volume for blockchain financial products exceeded $1.4 billion, indicating growing interest in this technology.
The approval allows DTC to innovate within the U.S. securities market by introducing blockchain-based trading options, which could enhance collateral mobility and provide programmable assets.
With the upcoming launch in late-2026, DTCC aims to transform traditional asset management, focusing on liquid assets like ETFs and government securities as part of its strategy.(Source)
