Stellar's XLM Jumps 40% After DTCC Picks Network for $114 Trillion Tokenized Securities Push
Updated
Updated · CoinDesk · Jun 1
Stellar's XLM Jumps 40% After DTCC Picks Network for $114 Trillion Tokenized Securities Push
8 articles · Updated · CoinDesk · Jun 1
XLM climbed 40.4% in 24 hours to $0.2862, lifting Stellar's market value above $9.6 billion after DTCC said it will connect its tokenized securities platform to the network.
DTCC's May 27 decision makes Stellar the first public blockchain in its multichain tokenization strategy, with production testing set for July, a wider rollout in October and broader availability in the first half of 2027.
Trading data pointed to fresh demand behind the move: XLM perpetual open interest rose 10.9% to about $361 million, spot turnover reached roughly $2.3 billion, and derivatives liquidations totaled about $12 million.
The rally broke a months-long descending channel and pushed through prior resistance near $0.20 and $0.26, even as the broader crypto market weakened with bitcoin down about 1% to $72,700 and the CoinDesk 20 Index off 2%.
DTCC oversees more than $114 trillion in assets and processes about $2.5 quadrillion in securities transactions annually, putting Stellar at the center of Wall Street's push to bring tokenized stocks, ETFs and Treasuries onto public blockchains.
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DTCC and Stellar: The $114 Trillion Tokenization Deal Reshaping Institutional Finance
Overview
On May 27, 2026, the Depository Trust & Clearing Corporation (DTCC) announced it would integrate Stellar as the first public blockchain for its new tokenized securities settlement platform. This strategic partnership, built on a decade-long relationship with Securrency (now DTCC Digital Assets), aims to revolutionize the financial industry by enabling the tokenization of $114 trillion in assets. By embedding compliance tools like clawbacks and identity controls, the collaboration ensures regulated assets can operate securely. DTCC’s commitment to digital innovation promises faster settlement, improved collateral mobility, and reduced transaction costs, marking a major step toward modernizing global finance.