DTCC Receives SEC Clearance to Tokenize U.S. Securities

In a landmark move for traditional finance and blockchain integration, the U.S. Securities and Exchange Commission (SEC) has issued a no‑action letter to the Depository Trust & Clearing Corporation (DTCC), allowing its subsidiary, the Depository Trust Company (DTC), to launch a tokenization service for U.S. market assets.

This initiative will enable tokenized versions of stocks, ETFs, and Treasury securities to be issued on pre‑approved blockchains while maintaining the same legal rights and investor protections as their traditional counterparts. The service is expected to roll out in the second half of 2026, marking a historic pivot toward digital asset infrastructure for one of the world’s largest custodians, which manages over $100 trillion in securities.

The SEC’s no-action letter signals a significant regulatory acknowledgment of tokenized securities, providing a framework for innovation while maintaining compliance and market integrity. This development positions DTCC at the forefront of bridging traditional capital markets with blockchain technology, potentially reshaping the future of trading, settlement, and asset custody.