DTCC's DTC launches tokenization service with 20 institutional clients including JPMorgan and Fidelity

The Depository Trust Company (DTC), a subsidiary of DTCC, launched its tokenization service enabling eligible users to mint tokenized securities. Twenty clients including JPMorgan, Fidelity, and Citadel Securities have signed agreements to access the service, which converts traditional securities into digital token forms while retaining ownership rights. The service is integrated with Canton Network and DTCC's Besu private network, with plans to expand to additional blockchains in 2027.