DTCC to Bring Tokenized US Securities to Solana in Second Half of 2027
Key Takeaways
- •DTCC plans to connect its Tokenization Service to Solana in the second half of 2027, which would add a third blockchain network alongside Canton and its private Besu network.
- •The Tokenization Service launched on October 28 covering tokenized stocks, exchange-traded funds and US Treasuries, with each token backed one-for-one by securities held in DTC custody.
- •The service launched with 34 eligible securities and access agreements from twenty DTC participants, including Bank of America, Citi, Fidelity Investments and JPMorgan.
- •The pilot operates under a December 2025 SEC staff no-action letter that requires quarterly reports on token balances, transfers, wallets, networks and outages over a three-year period.
- •DTCC has also announced plans to connect the service with Stellar in the first half of 2027, preceding the proposed Solana integration.

The Depository Trust and Clearing Corporation (DTCC) plans to connect its Tokenization Service to Solana in the second half of 2027, according to a November 12 announcement reported by Blockonomi. The planned integration covers eligible securities held at The Depository Trust Company (DTC), DTCC's depository subsidiary. Under existing service rules and compliance controls, participants would gain another blockchain option for converting and moving those assets.
The expansion follows the October 28 launch of the Tokenization Service, which covers stocks, exchange-traded funds and US Treasuries. Tokenized securities preserve the rights and economic benefits attached to their traditional counterparts. DTCC expects the connection to improve liquidity, collateral movement and capital use while linking established markets with blockchain infrastructure.
BREAKING: $114 trillion DTCC announces plans to bring tokenized US securities to Solana $SOL in 2027. This is MASSIVE! pic.twitter.com/geFhr2xgQi
— Crypto Rover (@cryptorover) November 12, 2026
Solana Integration Expands DTCC Tokenization Service
According to the announcement, the Solana integration will support asset conversion and related token lifecycle functions. DTCC already operates the service across Canton and its private Besu network, and the planned connection would add a third network environment to the platform. Adding another chain gives participating firms more choice over where they hold and use digital representations.
DTCC cited established network performance, security and governance features when explaining the planned connection. Chief Executive Frank La Salla said the link would broaden access while retaining established market protections, and he highlighted opportunities to improve liquidity and move collateral more efficiently.
Nick Ducoff, the Solana Foundation's institutional business lead, linked the project to continuous financial activity. He said the network can support tokenized securities that settle and move around the clock, in contrast to the defined trading sessions of conventional markets. The service website currently describes continuous transfers between registered wallets on supported networks.
For Solana, the planned connection would give tokenized securities access to infrastructure used by major banks, brokers and asset managers. As with the existing networks, the practical impact will depend on which participants adopt the new rail and how much activity they bring onto it.
The existing service launched with 34 eligible securities, according to its product page. Twenty DTC participants had signed access agreements at launch, including Bank of America, Citi, Fidelity Investments and JPMorgan. Additional firms can join as the operator continues onboarding participants, and DTCC developed the system with input from more than 150 firms.
Tokenized Securities Keep Ownership Rights and Safeguards
DTC reported more than $114 trillion in assets under custody when the service launched. Tokenization applies to eligible holdings that participating firms choose to convert, and each token is backed one-for-one by securities held at the depository, with the underlying assets remaining in DTC custody.
Holders retain ownership rights, investor protections and economic entitlements through the digital representation. Embedded compliance controls support oversight and near real-time tracking of ownership, while smart contracts can automate selected compliance checks and controls over token distribution.
The service also uses a common security identifier across traditional and blockchain environments. That structure supports movement between the two forms while preserving a connection to existing market records, and could reduce the need for institutions to manage separate pools of the same asset.
On Solana, those features would extend an existing framework to another network. DTCC describes its approach as interoperable, with assets able to move across connected traditional and digital systems, and the company expects the integration to support faster collateral transfers and more efficient capital deployment.
Participants can convert tokenized securities back into conventional account holdings by sending instructions to DTC. The depository then removes the corresponding token and credits the securities to the participant account, giving firms a route back to traditional holdings when their needs change and keeping the tokenized and conventional forms interchangeable within the same custodial framework.
Regulatory Oversight and Further Expansion
The service operates under a December 2025 SEC staff no-action letter covering a limited, voluntary securities tokenization pilot. In such letters, SEC staff state that they do not intend to recommend enforcement action for the described activity so long as its stated conditions are followed. The letter applies for three years from launch and sets conditions for participation and oversight.
The operator must provide detailed activity reports to SEC staff each quarter. Those reports cover token balances, transfers, registered wallets, supported networks and system outages, giving SEC staff ongoing visibility into the pilot's operation. Once additional networks come online, their token balances and transfers would fall under the same quarterly reporting.
DTCC has also announced plans to connect the service with Stellar, a rollout that targets the first half of 2027 and would precede the proposed Solana integration. Combined with continued participant onboarding and the quarterly reporting cycle, the dated rollout sequence gives the pilot a defined set of checkpoints to watch as each planned network goes live.