DTCC to Bring Its Tokenization Service to Solana, Expanding Its Multi-Chain Strategy
The Depository Trust & Clearing Corporation (DTCC) has announced plans to connect its Tokenization Service (DTS) to Solana. The integration will let eligible assets held in custody by The Depository Trust Company (DTC) become available in tokenized form on the Solana blockchain. The move expands DTCC's multi-chain strategy and strives to improve interoperability between traditional financial infrastructure and blockchain networks. DTCC expects DTC-tokenized assets to become available on Solana in the second half of 2027.
Expand Tokenized Asset Access
DTCC plans to connect its Tokenization Service to Solana's Layer 1 (L1) blockchain network. Solana supports fast and secure digital transactions. The integration will support the quick conversion of eligible traditional assets into tokenized assets. Also, it will provide related token lifecycle functionality.
DTCC launched its Tokenization Service on October 28, 2026. The planned Solana integration will extend the service to another major blockchain ecosystem. DTCC strives to build an interoperable financial ecosystem where assets can move between traditional financial infra and multiple blockchain networks.
What Executives Say
DTCC President and CEO Frank La Salla said the integration will give market participants more choices when accessing and using tokenized securities. He explained that DTCC wants to expand access to tokenized assets and maintain the protections related to traditional financial markets. Also, he stressed the potential benefits for liquidity, collateral mobility and capital efficiency.
Brian Steele, Managing Director and President of DTCC Clearing & Securities Services, explained how the Tokenization Service connects traditional market liquidity with digital asset ecosystems. He emphasized that tokenized assets available through Solana and other integrated blockchain networks will retain the same investor protections, ownership rights and regulatory safeguards as traditionally held securities.
Nadine Chakar, Managing Director and Global Head of DTCC Digital Assets, stressed interoperability as an important requirement for building scalable, resilient and liquid digital markets. She explained that DTCC wants to provide an open and connected platform that gives users access to established distributed ledger technology networks. Chakar also pointed to Solana's current performance, security and governance features as important factors in expanding access to mature blockchain infrastructure.
Nick Ducoff, General Manager of Institutional at the Solana Foundation, said institutions choose Solana because the network already supports financial activity at scale. He explained that bringing DTCC's Tokenization Service to Solana will connect an established name in post-trade financial infrastructure with a blockchain network designed for continuous market activity. According to Ducoff, this integration will let tokenized securities settle and move on-chain as easily as other digital assets.
About DTCC
The Depository Trust & Clearing Corporation (DTCC) is a U.S.-based financial services company. It provides clearing, settlement, and information services for various securities, including equities, bonds, and derivatives. DTCC emerged from the merger of the Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC). Both were founded in the 1970s to address the paperwork crisis in the securities industry.
Wrapping Up
DTCC's planned integration with Solana is another step in its multi-chain tokenization strategy. The initiative will expand access to tokenized securities and preserving traditional investor protections and regulatory safeguards.
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