
DTC asks SEC to cut stock transfer times from days to minutes with DRS overhaul
- —DTC filed the DRS overhaul plan with the SEC on October 9
- —Transfers between brokers and transfer agents currently take several days
- —The plan automates order creation via the DTC securities processing app
- —Target launch is November 13, 2026, with a fallback to January 2027
Why it matters: Faster DRS transfers ease the path from brokerage-held shares to tokenized equities and reduce friction between TradFi and onchain registration.
Source: Digital Today