The Depository Trust & Clearing Corporation (DTCC), which operates post-trade clearing and settlement infrastructure for U.S. securities markets, announced on November 12, 2026, that it plans to connect its Tokenization Service to Solana, a move the Solana project also highlighted in a post on X. The integration targets the second half of 2027, when eligible tokenized representations of Depository Trust Company (DTC) assets are expected to become available on the network.

The announcement extends an operating service rather than creating a new securities platform. According to DTCC, the connection should support conversion between traditional assets and their tokenized representations, along with functions spanning the tokens' full lifecycle.

Solana Joins an Operating Institutional Service

DTCC launched its Tokenization Service on October 28, initially connecting the Canton Network and the company's private network built on Besu, an open-source Ethereum client (launch press release). At launch, 20 DTC participants had signed agreements to use the service, a group the company described as including banks, brokers, and other financial firms.

The service initially made 34 securities available for tokenization. Eligible users can convert qualifying securities into digital representations while maintaining their underlying economic entitlements, and DTCC permits transfers between registered digital wallets.

DTCC CEO Frank La Salla said the Solana plan would offer participants "greater choice," adding that tokenized assets could expand liquidity and improve collateral mobility. Those comments described intended benefits rather than outcomes already demonstrated on Solana.

Regulatory Limits Continue to Apply

The tokenization program operates under a December 2025 no-action letter from Securities and Exchange Commission staff (related SEC statement) — a form of staff relief indicating the agency would not recommend enforcement action for activity conducted under the conditions it specifies. That relief covers specific securities and operational conditions; it does not authorize unrestricted tokenization. The staff relief applies for three years within specified regulatory and operational boundaries, and it should not be interpreted as a separate SEC approval of Solana.

Eligible categories include selected Russell 1000 stocks, major-index exchange-traded funds, and U.S. Treasury securities. The service uses tokenized securities entitlements rather than replacing the underlying assets held at DTC.

DTCC said Solana-based tokens would retain the protections and ownership rights of traditionally held securities, and that those safeguards remain central to the planned expansion. The announced integration does not mean tokenized securities are available on Solana today.

DTCC Builds Out Its Multichain Roadmap

Solana is not the only public blockchain on DTCC's expansion schedule. In May, DTCC announced a separate planned connection with Stellar for the first half of 2027 (press release). The Solana target falls in the second half of the year, and both schedules remain forward-looking. Taken together, the roadmap would carry the service from its October launch networks — the Canton Network and a private Ethereum-based chain — to two public blockchains.

The company says multichain architecture lets institutions move assets across traditional and blockchain environments. DTCC has not disclosed how many securities would be available on Solana at launch, nor named future participants.

Source: Blockonomi