The Depository Trust & Clearing Corporation (DTCC) is integrating the Stellar (XLM) network for its upcoming tokenized securities platform, a move rooted in a nearly decade-long relationship, according to Stellar Development Foundation CEO Denelle Dixon.
Tokenized assets held through DTCC's Depository Trust Company will become available on Stellar starting in the first half of 2027. DTCC oversees more than $114 trillion in assets, making this a significant endorsement for blockchain-based securities.
The integration stems from DTCC's 2023 acquisition of Securrency, a tokenization platform that worked closely with Stellar developers to build compliance tools like clawback functionality and transfer restrictions directly into the network.
Tokenization-representing assets like Treasury bonds and stocks as digital tokens-is a growing trend, with Standard Chartered projecting $2 trillion in tokenized assets by 2028. Franklin Templeton earlier chose Stellar for its onchain money market fund, BENJI, launched in 2021.