Solana Becomes the Fifth Network on DTCC’s Tokenization Roadmap, Due in Late 2027
By Unchained
AI summary of the source article
The DTCC plans to connect its tokenization service to the Solana blockchain in the second half of 2027. Solana becomes the fifth network on DTCC's roadmap for converting eligible securities into digital tokens.
Why it matters
Brian Steele, Managing Director, President of DTCC Clearing & Securities Services, said tokens on Solana would “retain the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities.”
Key facts
- DTCC announced it plans to link the DTCC Tokenization Service to Solana in the second half of 2027.
- Tokens on Solana will retain the same investor protections, ownership rights, and regulatory safeguards as traditionally held securities.
- The service operates under an SEC staff no-action letter and is limited to Russell 1000 stocks, Treasuries, and major index ETFs.
Source excerpt · Unchained
The Solana link, due in the second half of 2027, would be the fifth network DTCC has named for the service. Only firms with DTC accounts could hold the tokens. The post Solana Becomes the Fifth Network on DTCC’s Tokenization Roadmap, Due in Late 2027 appeared first on Unchained .