DTCC to bring tokenised securities to Solana by 2027

DTCC plans to enable the tokenisation of eligible DTC-custodied assets on Solana, with the connection expected in the second half of 2027.

The move extends DTCC's tokenisation service to another blockchain network as the post-trade infrastructure group pursues a multi-chain approach to digital assets.

The integration will connect DTCC's Tokenization Service, known as DTS, with Solana's layer 1 network. The link is intended to allow eligible traditional assets held in custody at The Depository Trust Company to be converted into tokenised form on Solana, along with related lifecycle functions.

DTS went live in October. Assets made available through the service on Solana and other connected blockchain networks would continue to carry the same investor protections, ownership rights and regulatory safeguards as traditionally held securities, DTCC said.

The plan reflects a broader effort by established market infrastructure groups to bridge conventional securities processing with blockchain-based settlement and transfer. Tokenisation has drawn interest from banks, asset managers and exchanges as firms test whether digital records of real-world assets can improve collateral movement, settlement and access to liquidity.

Frank La Salla, President and Chief Executive Officer of DTCC, said the expansion would give market participants another venue for using tokenised securities.

"DTCC is bringing regulated, DTC-tokenized securities to another major blockchain ecosystem, giving market participants greater choice in where they access and utilize tokenized assets while preserving the protections of traditional markets and expanding opportunities for liquidity, collateral mobility and capital efficiency," La Salla said.

Multi-chain push

DTCC has made interoperability between traditional financial market infrastructure and multiple blockchain networks a central part of its digital asset strategy. The aim is to avoid the fragmentation that could emerge if tokenised securities are issued or moved only within isolated networks.

Brian Steele, President of DTCC Clearing & Securities Services, said the service is designed to link established pools of market liquidity with digital asset markets.

"The DTCC Tokenization Service connects traditional market liquidity with digital asset ecosystems through secure, interoperable and market-neutral infrastructure," Steele said.

"DTC-tokenized assets made available on Solana - and on all blockchain networks integrated with the service - will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities," he added.

Nadine Chakar, Managing Director and Global Head of DTCC Digital Assets, framed interoperability as a prerequisite for larger digital markets.

"Interoperability is the essential bridge to creating scalable, resilient and liquid digital markets," Chakar said.

"DTCC is committed to providing an open and connected platform that allows our users access to mature distributed ledger technology networks like Solana that have established performance, security and governance features," she added.

Why Solana

Solana has sought to strengthen its standing with financial institutions by arguing that its network already supports market activity at scale. The DTCC connection would place tokenised securities from a major US market utility on a blockchain used for a wide range of digital asset trading and settlement activity.

Nick Ducoff, General Manager, Institutional, at Solana Foundation, said that was why the network had already attracted institutions.

"Institutions chose Solana because it already runs real financial activity at scale. Bringing the DTCC Tokenization Service to Solana connects one of the most trusted names in post-trade infrastructure with a network built for always-on markets, enabling tokenized securities to settle and move as easily as any other asset onchain," Ducoff said.

DTCC is one of the largest pieces of market infrastructure in global finance. Its subsidiaries processed securities transactions worth USD $4.7 quadrillion in 2025, while its depository subsidiary provided custody and asset servicing for securities from more than 150 countries and territories valued at USD $114 trillion.