DTCC forms group with Wall Street and crypto firms to set tokenization standards for U.S. markets.

The Depository Trust & Clearing Corporation (DTCC) has established a working group including major Wall Street firms like BlackRock, Goldman Sachs, JPMorgan, and crypto companies such as Ondo and Circle to develop tokenization standards for U.S. equities and Treasuries. This initiative aims to move core market processes on-chain, enhancing liquidity, transparency, and settlement speed while maintaining regulatory oversight. Following SEC approval, DTCC plans to launch a tokenization service in late 2026, signaling a major shift toward integrating traditional finance with blockchain technology. The effort could transform market infrastructure by enabling programmable assets and near real-time settlement.