DTCC Plans DTC Tokenization Service Commercial Launch in October 2026

DTCC said its DTC Tokenization Service is scheduled for a commercial launch in October 2026 after completing production transactions on the Canton Network on July 15 as the final operational stress test for the system. According to ChainCatcher, more than 30 companies took part in the transactions, which tested collateralized lending, securities lending, U.S. Treasury and repo DVP, equity DVP, equity DVD, token transfers, and CCP margin workflows across the Canton Network and LFDT's Besu. The regulatory basis was established on December 11, 2025, when the SEC issued a no-action letter authorizing DTC to operate tokenized services for its custody assets on pre-approved blockchains for three years. The service is supported by DTCC's ComposerX platform suite. The industry working group now includes more than 50 companies, including BlackRock, JPMorgan, Goldman Sachs, Citi, Bank of America, Morgan Stanley, Schwab, State Street, Nasdaq, NYSE, Circle, Ondo, Ripple Prime, Fireblocks, BitGo, Tradeweb, and Virtu. DTCC said global high-quality liquid assets total $300 trillion, with only 10% to 11% currently used as collateral.