The Depository Trust & Clearing Corporation will add Solana to its tokenization plans, targeting a 2027 rollout for tokenized stocks, ETFs and U.S. Treasuries on the network. The clearinghouse is widening a roadmap that already includes Stellar and Arc, extending its blockchain coverage to a third chain.
The move puts Solana alongside the two networks DTCC had already named for next year's expansion, though the Solana work is scheduled further out. DTCC hasn't said which assets will launch first or how the 2027 timeline breaks down.
What DTCC intends to tokenize on Solana
The plan covers tokenized stocks, ETFs and U.S. Treasuries — the same core instruments DTCC clears and settles in traditional markets. That's a narrower list than the full range of securities the clearinghouse handles, but it touches three of the largest categories in U.S. markets. Tokenizing them on a public blockchain would mean DTCC's infrastructure has to interact with Solana's network rather than only its own systems.
DTCC hasn't detailed how the tokens would be structured, whether they'd trade on-chain, or how they'd connect to existing settlement flows. The 2027 target suggests the work is still in planning, not build-out.
Stellar and Arc come first
Solana joins a roadmap DTCC is already expanding. Stellar and Arc were named for next year's plans, and Solana is being added to that list — but on a later schedule. The sequencing matters: DTCC is treating the three networks as separate tracks with different timelines, not as one simultaneous launch.
That approach lets DTCC test tokenization on Stellar and Arc before committing to Solana's higher-throughput environment. It also gives the clearinghouse room to adjust if the earlier rollouts hit problems.
Why the clearinghouse is moving onto public chains
DTCC sits at the center of U.S. securities settlement, clearing trades between brokers and custodians. Tokenization would let it represent ownership of stocks, ETFs and Treasuries as digital tokens on a blockchain, potentially speeding up settlement and expanding how those assets move.
Solana's inclusion is notable because the network is known for fast, low-cost transactions — a profile that fits high-volume settlement work. DTCC hasn't explained why it picked Solana specifically or what role the network would play relative to Stellar and Arc.
What's still undecided
A 2027 rollout is far enough out that most of the operational details remain open. DTCC hasn't said which tokenized products would go live first, whether the Solana tokens would be available to retail or institutional investors only, or how they'd be regulated.
The clearinghouse also hasn't described how the Solana work connects to its existing settlement infrastructure, or whether the three networks would eventually interoperate. For now, the roadmap addition is a signal of intent rather than a finished product plan.
The next concrete checkpoint is DTCC's disclosure of the Stellar and Arc work, which is scheduled ahead of the Solana timeline.
