DTCC and Stellar Development Foundation announced plans to tokenize DTC-custodied assets on the Stellar network, approved by an SEC No-Action Letter. The service will enable faster settlement and greater asset mobility while maintaining investor protections. Expected launch in H1 2027.
DTCC and the Stellar Development Foundation plan to tokenize real-world DTC-custodied assets on the Stellar network, backed by an SEC No-Action Letter from December 2025. The service supports the full asset lifecycle, including corporate actions and reporting. Market benefits include faster settlement (potentially minutes versus days), extended trading hours, greater asset mobility across digital venues without leaving the regulated perimeter, and reduced reconciliation costs. Initial asset classes under consideration include Russell 1000 constituents, major index ETFs, and U.S. Treasury instruments. Market participants retain the same investor protections, entitlements, and safeguards as traditional securities. Launch is expected in the first half of 2027.
