Crypto News
Canton Network and DTCC are making $30 trillion in eligible securities available for tokenization, including stocks, exchange-traded funds and U.S. Treasuries. Twenty financial firms, including JPMorgan, Citi and Morgan Stanley, have signed up to access the service.
Why it matters
The service connects traditional securities infrastructure with blockchain-based transfers without moving the underlying securities out of DTCC’s custody framework. Eligible participants can create digital representations of securities held at The Depository Trust Company, and registered wallets can transfer those representations around the clock.
That setup brings tokenization into an institutional workflow while retaining existing custody arrangements and investor protections. Canton Network is designed for financial applications that require privacy and interoperability, features that can matter to institutions handling transactions they cannot put on a fully transparent public blockchain.
Market impact
The service could support more flexible collateral management and digital asset settlement, but access is limited to eligible securities and registered participants. The launch is a substantial institutional step for real-world asset tokenization, not an indication that all securities can move freely across public blockchains.
For financial firms, the key test will be whether the infrastructure can make securities transfers and settlement more flexible while meeting institutional requirements. The initial service provides a live route to explore that model within DTCC’s custody framework.
Frequently asked questions
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How much securities value is eligible for tokenization through the service?
The service makes $30 trillion in eligible securities available for tokenization, including stocks, ETFs and U.S. Treasuries.
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Which financial firms have signed up to access the service?
Twenty firms have signed up, including JPMorgan, Citi and Morgan Stanley.
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Do tokenized securities leave DTCC custody?
No. The underlying securities remain within DTCC’s custody framework while digital representations can be transferred through approved infrastructure.
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How can participants transfer the digital representations?
Registered wallets can transfer the representations around the clock. Access is limited to eligible participants and securities.
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What institutional use cases could the service support?
The service could support more flexible collateral management and digital asset settlement while retaining existing custody arrangements and investor protections.
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