Digital Assets Watch: How Stellar became part of DTCC's tokenization push for Wall Street securities onchain

In the current cycle, dTCC's decision to connect its upcoming tokenized securities platform to the Stellar (XLM) network is the latest step in a relationship that stretches back nearly a decade, according to Stellar Development Foundation CEO Denelle Dixon.

Earlier this week, DTCC said tokenized assets held through its Depository Trust Company could become available on Stellar beginning in the first half of 2027.

The move carries weight because DTCC is one of Wall Street's core sector utilities, overseeing more than $114 trillion in assets.

The Stellar integration is designed to support the issuance, settlement and lifecycle management of tokenized securities, while opening the door to future projects involving highly liquid assets such as major indexes and U.S.

Treasuries The roots of the partnership go back to Securrency, the institutional tokenization platform DTCC acquired in 2023 and became what is now DTCC Digital Assets.

Securrency, Dixon told CoinDesk in an interview, worked closely with Stellar developers on features regulated financial institutions needed to issue assets onchain, including clawback functionality, compliance controls and transfer restrictions.

Those tools were later built directly into the network.

"Some of the team has been working with Stellar for a long time," Dixon said.