DTCC Launches Tokenized Services, Initially Supporting 34 Securities

The Depository Trust & Clearing Corporation (DTCC) announced on its official website that its DTCC Tokenization Service has officially launched, initially supporting the tokenization of 34 securities. These tokens are fully backed 1:1 by the underlying securities held in custody by DTC, and token holders enjoy identical legal rights and economic benefits as holders of the corresponding traditional securities under applicable law. Notably, tokenized securities share the same CUSIP identifiers as their traditional market counterparts; peer-to-peer transfers between DTC-registered wallets are available 24/7. The service embeds compliance controls and enables near real-time ownership tracking. Initial wallet and application partners integrated with the service include BitGo, Blockdaemon, Fireblocks, HashKey, Kaleido, Prometheum, Talos, Temple, and Tradeweb.