Crypto▲ Bullish
DTCC’s $114 Trillion Tokenization Test Reshapes Settlement
DTCC ran a live production test of tokenized securities settlement, proving blockchain can handle $114 trillion in assets through existing clearing infrastructure.
Continue with
The Depository Trust and Clearing Corporation ran a live test this week using real production assets, a step toward moving the $114 trillion in securities it clears onto blockchain rails.
The test involved tokenized versions of traditional securities moving through DTCC’s existing settlement infrastructure. The goal was to prove that distributed ledger technology could handle the daily volume and legal finality that the current system manages.
DTCC processes most U.S. securities trades after they execute – the plumbing behind every stock and bond transaction. Moving even a fraction of that volume on-chain would reduce settlement times and cut reconciliation costs for banks and broker-dealers.