How Stellar (XLM) became part of DTCC's plan to bring securities onchain

Summary

DTCC plans to link its tokenized securities platform to the Stellar network, with tokenized assets held through its Depository Trust Company expected on Stellar in the first half of 2027. The integration could support issuance, settlement, and lifecycle management for tokenized securities, and may expand into assets like major indexes and U.S. Treasuries. The connection reflects a long-running relationship that began with Securrency, the tokenization platform DTCC acquired in 2023 and folded into DTCC Digital Assets. Securrency and Stellar had already collaborated on institution-focused features such as clawback, compliance controls, transfer restrictions, and identity protections. That matters because regulated tokenization requires blockchain infrastructure that can handle KYC, sanctions rules, investor protections, and privacy needs. Stellar has already been used for Franklin Templeton’s BENJI money market fund, an early regulated tokenized fund. The move comes as tokenization gains traction across finance, with major banks and asset managers exploring blockchain-based rails for traditional assets.