DTCC Tokenization Service Will Connect to Solana in the Second Half of 2027

DTCC’s tokenization service will connect to Solana in the second half of 2027, DTCC said on November 12, 2026. The announcement covers eligible securities held at The Depository Trust Company (DTC), the U.S. central securities depository, and comes 15 days after the service went live on two other networks.

Solana support is a plan, not a live feature. DTCC gives a half-year window and no exact date, and it does not say which Solana token standard the tokens will use.

Where DTC tokens can sit, and when

The first two rows come from DTCC’s October 28 launch release, the Stellar and Arc rows from DTCC’s Day 1 product tear sheet and roadmap, which calls its roadmap indicative and subject to change.

What a DTC token on Solana will and will not be

A DTC token is a security entitlement recorded on a blockchain, not a separate share. DTCC says each token is backed one-for-one by a security held at DTC, keeps the same CUSIP and carries the same ownership rights and investor protections. DTC keeps the official books and records.

Putting the token on a public chain does not open it to any Solana wallet. Under the SEC staff no-action letter of December 11, 2025, only DTC Participants may register wallets, tokens may move only between registered wallets, DTC screens each wallet against OFAC requirements, and the token design must allow DTC to reverse a transfer. Nothing in the Solana release changes those conditions; DTCC says tokens on Solana “will retain the same investor protections, ownership rights and regulatory safeguards.”

Eligible assets are the ones the letter covers: Russell 1000 stocks, ETFs tracking major indices and U.S. Treasury bills, notes and bonds. DTCC’s service page lists 34 securities available to tokenize at launch.

A worked example: the weekend gap

DTC’s October 28 participant notice sets two different clocks. Conversion orders, from book-entry to token or back, run Monday to Friday between 2:00 a.m. and 6:00 p.m. ET; the tear sheet targets 15 minutes or less. Transfers of a token already minted run 24 hours a day, seven days a week, but only within one chain.

Take a bank holding tokenized Treasury notes on Canton on a Saturday. It can deliver them to another participant’s registered Canton wallet that day. It cannot convert them back to book-entry until Monday at 2:00 a.m. ET, and it cannot send them straight to a Solana wallet: DTCC describes its round-the-clock transfers as intra-chain and has not published a direct wallet-to-wallet route between networks.

How long the authorization runs

The no-action letter is withdrawn three years after DTC launches the service. With the launch on October 28, 2026, that points to late October 2029, by our calculation. A Solana integration in the second half of 2027 would therefore run for roughly two of those three years unless the SEC position is extended or replaced.

Another Solana model for tokenized stocks

DTC’s tokens are not the only tokenized U.S. shares planned for Solana. On November 9, Formation Securities notified the SEC that it intends to run a tokenized securities venue there under the SEC’s Innovation Exemption, with trading expected in early 2027 and Superstate and Securitize expected to supply the tokenized shares. That model trades tokenized shares on a venue against stablecoins and other eligible assets; DTC’s model moves depository entitlements between registered wallets.

Our earlier reports cover DTCC’s May timetable and Securitize’s tokenized stocks. Our guide to delivery versus payment explains why settlement and collateral, still on DTCC’s 2027 roadmap, are a separate step from moving a token.