
DTCC outlines 25-security tokenization rollout on Canton and Besu
- —The rollout covers 25 securities backed 1:1 by assets held at DTC
- —Issuance will run on the Canton and Besu blockchains
- —Stellar and Circle's Arc are slated to join the project in 2027
Why it matters: The largest US clearing depository is moving settlement of traditional securities onchain, accelerating institutional tokenization.
Source: The Defiant