The Depository Trust & Clearing Corporation plans to commercially launch its Tokenization Service in October 2026, with detailed announcements expected in mid-October. More than 30 firms, including BlackRock and JPMorgan, tested various institutional workflows on Canton Network and Hyperledger Besu in July. The initial offering will include 25 tokenized securities representing approximately $30 trillion in assets drawn from Russell 1000 equities, major ETFs and US Treasuries. The tokens will retain the same legal rights and investor protections as the underlying book-entry securities, with DTC remaining the official record keeper. The model, authorized by the SEC under a three-year pilot, could improve liquidity and lower transaction costs, but the lack of interoperability between the two networks could fragment pools of liquidity.
Source: Read the original article
