DTCC and the Stellar Development Foundation plan to connect The Depository Trust Company’s tokenization service to the Stellar public blockchain, with DTC-tokenized assets expected to become available on the network in the first half of 2027.

The planned connection matters because DTC sits inside the core plumbing for U.S. securities custody and settlement. The service is designed to tokenize assets that remain custodied by DTC, keeping investor protections, entitlements, and safeguards aligned with traditionally held securities rather than moving the assets outside regulated market infrastructure.

DTCC says it is evaluating eligible asset classes with SDF, including highly liquid assets such as Russell 1000 constituents, ETFs tracking major indexes, and U.S. Treasury bills, bonds, and notes. Those examples remain subject to further evaluation and DTC’s regulatory obligations, so the announcement is a roadmap rather than a live market launch.

The Stellar selection follows DTC’s December 2025 SEC no-action letter for a voluntary tokenization service and is part of DTCC’s broader multi-chain strategy. A separate CoinDesk interview framed the Stellar connection as the product of a longer relationship between DTCC and SDF, not a one-off chain integration.

For tokenized securities, the key test will be whether regulated post-trade infrastructure can make public-chain access useful without weakening custody, compliance, or corporate-action workflows.