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DTCC The tokenization service initially supports 25 types of securities, with underlying assets of approximately 30000000000000 USD BlockBeats reports that October 17, according to DTCC's published materials on the tokenization service, the service initially offers 25 types of tokenizable securities, with the underlying securities held in custody by DTC and totaling approximately 30000000000000 USD. The tokens maintain a 1: 1 correspondence with the original securities and use the same CUSIP, while rights and investor protections are consistent with book-entry securities, and official ledger records continue to be maintained by DTC.DTC 24/7 peer-to-peer transfers may be conducted between registered wallets, with the tokens subject to compliant transfer restrictions.
Coupon payments and maturity services for U.S. Treasuries will be conducted on-chain, with funds paid in fiat currency to participants' traditional accounts. Initially supported assets include Russell 1000 constituent stocks (starting with certain large-cap stocks), certain ETF and U.S. Treasuries. The initial networks are Canton Network(CIP-56) and DTCC's private Besu network (ERC-20),Stellar(SEP-41) and Circle's Arc (ERC-20) are expected to be integrated in 2027.
The subsequent roadmap includes expanding the range of tokenizable securities, adding controls such as single sign-on and maker-checker, expanding corporate-action services for equities and ETF, consolidating stock records for book-entry and on-chain holdings, supporting on-chain net settlement, collateral, and digital cash, and gradually expanding the range of eligible DTC participants. 2027 and beyond will be determined in conjunction with participant and industry input.
Original link https://m.theblockbeats.info/flash/372359