Cryptonews

Major American Finance Player Enters Unlikely Alliance with Low-Profile Cryptocurrency Contender

Source
CryptoNewsTrend
Published
Major American Finance Player Enters Unlikely Alliance with Low-Profile Cryptocurrency Contender

Depository Trust & Clearing Corporation (DTCC), a US-based financial market infrastructure company, and the Stellar Development Foundation (SDF) have announced a new initiative that will enable the tokenization of assets held in DTC custody on the Stellar blockchain.

According to the announcement, the goal is for tokenized assets stored in DTC to become accessible on the Stellar public blockchain in the first half of 2027. The project aims to migrate traditional financial assets to blockchain infrastructure and create a more efficient digital asset ecosystem.

Related News $1.29 Billion Earthquake in Bitcoin: A Whale Dumped It All in One Go! BTC Holds Steady

DTCC also announced that it received a “no-action letter” from the U.S. Securities and Exchange Commission (SEC) in December 2025. This permission allows DTC to implement and operate services for tokenizing real-world assets held in its custody.

The two institutions will also evaluate suitable asset classes that can be tokenized. Assets under consideration include shares of companies in the Russell 1000 index, ETFs tracking major indices, and US Treasury bills, bonds, and government bond notes. *This is not investment advice.

Major American Finance Player Enters Unlikely Alliance with Low-Profile Cryptocurrency Contender