DTCC Tokenization Service Officially Launches with Initial Support for 34 Securities

TechFlow reported on October 28 that, according to the DTCC official website, the DTCC Tokenization Service has officially launched, with 34 securities eligible for tokenization at launch. DTC currently holds approximately USD 30 trillion in assets under custody, and the tokens are backed 1:1 by securities held by DTC, carrying the same legal and ownership rights as the underlying securities. Tokenized assets use the same CUSIP, enabling 24/7 on-chain peer-to-peer transfers between DTC-registered wallets. The service includes built-in compliance controls and supports near-real-time ownership tracking. It currently connects to approved blockchain networks such as Besu and Canton Network, with the website indicating that additional networks are planned to connect in 2027.

Source: TechFlow