DTCC Tokenized Securities Roadmap: Pilot In July, Scale Up In October—With Big Names Like Ripple

The Depository Trust & Clearing Corporation (DTCC) said Monday it has reached new progress and clarified timelines for delivering its tokenization service—an initiative aimed at bringing tokenized real-world securities into the same infrastructure used by the US capital markets today. 

Two-Phase Rollout For Tokenized RWAs

DTCC said the service will move in two phases. It plans to facilitate initial, limited “production” trades of real-world assets (RWAs) that have been tokenized using the tokenization service in July 2026. After that trial period, DTCC expects to launch the service more fully in October of this year. 

DTCC’s tokenization service, as described in its release, is designed for tokenizing real-world, DTC-custodied assets while preserving the core rights that investors expect from securities held in traditional form. 

The company said tokenized assets supported through the Depository Trust Company (DTC) would provide the “same entitlements, investor protections and ownership rights” as conventional custody arrangements. 

DTCC further emphasized that the service is built on DTC’s existing resilience and accountability, noting that DTC already custodies assets worth more than $114 trillion.

In remarks accompanying the announcement, Brian Steele, DTCC Managing Director and President for Clearing & Securities Services, said the goal is to provide “systemic scale where deep liquidity already lives.” 

Steele also framed the effort as a way to develop the service “in lockstep” with both current industry needs and expected future requirements—while the market collectively builds what DTCC calls “a digital ecosystem.”

How The DTCC Plans To Bridge TradFi And DeFi

DTCC’s digital assets leadership also tied the initiative to broader infrastructure goals. Nadine Chakar, DTCC Managing Director and Global Head of Digital Assets, said tokenization is a “critical step” toward building digital infrastructure for the future. 

She added that DTCC aims to stay at the forefront of innovation by supporting a scalable, interoperable, and risk-managed Web3 environment, one that uses digital ledger technology to deliver real value to the broader industry.