DTCC Starts Tokenized Asset Trades With Big Finance Giants

The Depository Trust and Clearing Corporation is moving toward a major shift in how securities are traded. The firm has officially started limited production trading for tokenized real world assets, bringing the project closer to a full launch this October. Major institutions including JPMorgan, BlackRock, and Goldman Sachs are participating in this rollout.

This new service allows securities held in custody to function as blockchain tokens while maintaining the same legal ownership and protection standards found in traditional finance. The project primarily focuses on liquid stocks, ETFs, and Treasury bonds. This move creates a formal bridge between blockchain technology and established market infrastructure.

Operations are running under a no action letter granted by the SEC. Several other firms have joined the effort, such as Bank of America, Nasdaq, Circle, and Ripple Prime. This development follows recent approvals for tokenized equity trading from both Nasdaq and the NYSE, signaling that Wall Street is moving quickly to integrate blockchain assets into regulated environments.