DTCC, the custodian with more than $114 trillion in assets, plans to bring its tokenization service to Solana in the second half of 2027.
Why it matters
The move would connect a major provider of financial market infrastructure with Solana, a blockchain network used for digital asset applications. Tokenization represents assets as digital tokens on a blockchain.
Market impact
The plan gives institutional investors a future route to DTCC's tokenization service on Solana. The expansion is scheduled for the second half of 2027.
Frequently asked questions
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When does DTCC plan to bring its tokenization service to Solana?
DTCC plans to bring the service to Solana in the second half of 2027.
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How large is DTCC's custody business?
DTCC is a custodian with more than $114 trillion in assets.
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What does tokenization mean in this context?
Tokenization represents assets as digital tokens on a blockchain.
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Why is Solana relevant to DTCC's plan?
Solana is the blockchain network on which DTCC plans to offer its tokenization service.
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What would the expansion mean for institutional investors?
The plan would give institutional investors a future route to DTCC's tokenization service on Solana.
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