DTCC to Start Tokenization Trades With 20+ Firms in July as October Launch Nears
Updated
Updated · Markets Media · Jun 15
DTCC to Start Tokenization Trades With 20+ Firms in July as October Launch Nears
3 articles · Updated · Markets Media · Jun 15
Summary
More than 20 TradFi and DeFi firms will join DTCC’s DTC tokenization service in a limited set of initial production trades in July, with full go-live targeted for October.
The rollout follows an SEC no-action letter tied to DTCC’s tokenization services, which Rebecca Ashton said has triggered significant new client engagement and industry interest.
DTCC is positioning the service alongside broader market-structure shifts, including 24x5 operations, growing digital-asset use and a longer-term move from T+1 settlement toward possible T+0.
That push comes as firms still face uneven readiness for other post-trade changes: in a DTCC webinar survey, 39% said they were implementing or testing for Europe’s 2027 T+1 shift, while 49% were still assessing requirements.
As DTCC's tokenization service goes live, will it truly revolutionize markets or just create a 24/7 digital layer over 9-to-5 assets?
With Europe's 2027 T+1 deadline looming, what hidden 'architectural fragilities' pose the biggest threat to market stability, and how can firms fix them?