DTCC Selects Canton Network for Tokenization of U.S. Treasury Securities
The Depository Trust & Clearing Corporation (DTCC) has chosen the Canton Network to tokenize a subset of U.S. Treasury securities custodied at the Depository Trust Company (DTC). Tokens representing these assets will be minted on the privacy-focused Canton blockchain network.
This decision follows DTCC receiving a SEC No-Action Letter authorizing it to implement and operate a new service to tokenize real-world assets held at DTC. DTCC aims to launch a minimum viable product for this tokenization initiative in the first half of 2026 within a controlled production environment, with plans to expand depending on client interest.
DTCC will also join the Canton Foundation as co-chair alongside Euroclear, taking a leadership role in the network's decentralized governance.
The Canton Network, created by Digital Asset, is built for institutions to issue and trade tokenized real-world assets such as bonds, loans, and funds on a shared ledger that ensures privacy and compliance. Digital Asset is backed by prominent firms including BlackRock, Blackstone, Nasdaq, S&P Global, Goldman Sachs, and Citadel Securities.
