DTCC and the Stellar Development Foundation announced plans to enable tokenization of assets custodied by the Depository Trust Company (DTC) on the Stellar blockchain, targeting a launch in the first half of 2027. This initiative follows a 2025 SEC No-Action Letter that authorized DTC to tokenize real-world assets, aiming to bring traditional market assets onto regulated digital platforms. The tokenization is expected to improve settlement speed, asset mobility, transparency, and operational efficiency while maintaining investor protections. Initial use cases may include tokenized ETFs, U.S. Treasuries, and Russell 1000 stocks, marking a significant step toward integrating blockchain technology with traditional financial infrastructure.
Stellar (XLM) surged over 33% after partnering with DTCC, one of the largest clearing houses, to tokenize $1.4 trillion in assets on the Stellar blockchain. The U.S. SEC authorized DTCC to experiment with tokenized assets, including major U.S. stocks...
Stellar (XLM) surged nearly 20% following the Depository Trust & Clearing Corporation's (DTCC) announcement to integrate its tokenized securities platform with the Stellar blockchain by 2027. This move aims to connect traditional financial institutio...
XRP fell to a multiweek low of $1.265, losing nearly 6% over the past week due to a broad cryptocurrency market downturn that also pushed Bitcoin to lows. Its market cap dropped below $80 billion, reflecting struggles to regain momentum since early 2...
The CoinDesk 20 Index fell 3.1%, driven by significant declines in NEAR Protocol (-12.2%) and Bitcoin Cash (-12.1%). Amid the broad market drop, Stellar (XLM) stood out with a 10.5% gain, the only asset in the index to rise. This divergence highlight...
The Depository Trust and Clearing Corporation (DTCC) revealed plans to enable tokenization of assets custodied by the Depository Trust Company (DTC) on the Stellar (XLM) blockchain, with availability expected in early 2027. This announcement caused X...
