The Depository Trust & Clearing Corporation (DTCC) announced plans to issue tokenized U.S. Treasury securities on the Canton Network, a privacy-focused blockchain for financial institutions. This marks DTCC’s first step in a broader tokenization strategy as part of a multi-year roadmap. The tokens will be held and safeguarded by DTCC, demonstrating Wall Street's push to use blockchain technology for operational efficiencies while adhering to regulations. DTCC also takes a leading governance role in the Canton Network, co-chairing its foundation alongside Euroclear. The initiative operates under a three-year pilot approved by the U.S. Securities and Exchange Commission, allowing DTCC to issue tokens across public and private blockchains, beginning with Canton. Canton boasts over $6 trillion in assets and 600+ institutions, offering configurable privacy and institutional-level compliance. The native Canton cryptocurrency, CC, recently rose modestly but remains down since launch. The announcement follows new collaborations and recent funding rounds from major financial entities. Canton’s sub-transaction privacy ensures only pertinent transaction details are visible to relevant parties. Industry leaders view this as a significant shift toward blockchain adoption in traditional finance.