The Depository Trust & Clearing Corporation (DTCC), the central depository that sits at the heart of U.S. securities settlement, said Thursday that it will connect its tokenization service to Solana, with tokenized stocks, ETFs and U.S. Treasuries expected to arrive on the network in the second half of 2027.

The firm will link its DTCC Tokenization Service (DTS) to the Solana network, allowing eligible assets held at its Depository Trust Company (DTC) subsidiary to be converted into tokens on Solana.

Solana's official account confirmed the development in a post on X:

BREAKING: @The_DTCC to tokenize custodied assets on Solana. announced plans to connect the DTCC Tokenization Service to Solana, enabling the tokenization of eligible DTC-custodied assets on the network. The integration is planned for the second half of 2027, further advancing… pic.twitter.com/gXszWFgUOX

— Solana (@solana) November 12, 2026

"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," DTCC CEO Frank La Salla said in the company's announcement.

October launch, growing network list

DTS went live on October 28 on the Canton Network and on DTCC's own private blockchain, built on Besu, an open-source Ethereum client, with more networks due to be added in 2027, according to DTCC's launch announcement. The service creates tokenized "digital twins" of securities held at DTC, which custodies more than $114 trillion in assets. In practice, the underlying securities stay within DTCC's custody, and the tokens serve as representations of those holdings on each connected network.

According to a DTCC fact sheet, Solana joins Stellar and Circle's Arc blockchain, a stablecoin-focused network from the USDC issuer, both of which are expected to be added in 2027.

Because the service operates under a no-action letter from the U.S. Securities and Exchange Commission (SEC) — a form of relief indicating the regulator does not intend to take enforcement action over the described activities — it is limited to a defined set of highly liquid assets: Russell 1000 stocks, ETFs tracking major indexes, and U.S. Treasuries. Morgan Stanley said last week that it had tokenized U.S. stocks and Treasuries through the service.

Tokens issued on Solana "will retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities," said Brian Steele, president of DTCC Clearing & Securities Services.

Solana's institutional push

The integration is the latest step in Solana's ongoing courtship of traditional finance. Nick Ducoff, head of institutional at the Solana Foundation, argued that "Institutions choose Solana because it already runs real financial activity at scale." He added that institutions are "already issuing, settling and deploying capital" on the network, in a post shared by Solana's official account.

Last month, the Solana Foundation unveiled an open standard for institutional settlement developed with input from J.P. Morgan. The network also completed its Alpenglow upgrade, cutting the time it takes for transactions to become final to roughly 150 milliseconds.

Solana is also lining up more venues for tokenized stocks. Trading platform Formation has notified the SEC of plans to trade tokenized U.S. stocks on Solana, starting with Galaxy and Forward Industries.

With Solana's addition, DTS is set to span a growing roster of networks as DTCC extends its tokenization infrastructure through 2027. The dates to watch are the second-half 2027 Solana go-live and the planned 2027 additions of Stellar and Circle's Arc, with the breadth of institutional usage beyond Morgan Stanley the other thread to track.