DTCC Launches Tokenization Service with 34 Securities, Major Financial Backing
The Depository Trust & Clearing Corporation has launched a blockchain-based tokenization service connecting traditional securities with digital markets.
The Depository Trust & Clearing Corporation has launched a blockchain-based tokenization service connecting traditional securities with digital markets. Canton (CC) is trading at ₹9.36 ($0.0983), up 2.5% since this brief published. This is an original Token Times brief synthesising 2 outlets (Blockonomi, Bitcoin.com), plus live market data, as of Wed, 28 Oct 2026 15:00:01 UTC.
This development marks a significant step in bridging traditional finance with blockchain technology, potentially transforming how securities are transferred and managed. The involvement of major financial institutions and the sheer scale of assets involved underscore its potential impact on both legacy finance and digital asset markets.
- DTCC launched tokenization with 34 securities on October 28.
- 20 financial institutions, including JPMorgan and Fidelity, have signed on.
- Service uses Canton Network and DTCC's private Besu network for 24/7 transfers.
- DTCC oversees $114T in securities, indicating massive potential scale.
Multiple outlets, including Blockonomi and Bitcoin.com, confirm that DTCC launched its tokenization service on October 28 with 34 securities available initially and participation from 20 major financial institutions, including JPMorgan, Fidelity, Morgan Stanley, and UBS. They agree that the service leverages the Canton Network and DTCC's private Besu network for 24/7 transfers between registered digital wallets. However, Bitcoin.com emphasizes the connection to Wall Street's traditional securities infrastructure and the $114 trillion in assets under DTCC's custody, a detail not as prominently featured in Blockonomi's coverage.
- DTCC Launches $30 Trillion Tokenization Market, Eyes Stellar for 2027 Integration
- DTCC Launches Tokenization Service with 34 Securities, Major Financial Backing — this brief
The Depository Trust & Clearing Corporation (DTCC) has launched a blockchain-based tokenization service, marking a significant development in the integration of traditional finance with digital asset technology. The service, which went live on October 28, initially supports 34 securities and has garnered the participation of 20 major financial institutions, including prominent names like JPMorgan, Fidelity, Morgan Stanley, and UBS.
According to reports from Blockonomi and 
Bitcoin.com, the tokenization service facilitates 24/7 transfers between registered digital wallets using the 
Canton Network and DTCC's private Besu network. This setup aims to provide a more efficient and secure way to transfer securities, leveraging blockchain technology's potential for transparency and real-time settlement.
The involvement of major financial institutions and the scale of assets involved highlight the significance of this development. DTCC, which oversees more than $114 trillion in securities, is uniquely positioned to bridge the gap between traditional finance and the digital asset space. The service's architecture, utilizing both the Canton Network and DTCC's private Besu network, underscores the complexity and security considerations inherent in such a large-scale implementation.
While the initial rollout includes 34 securities, DTCC has indicated plans for additional blockchain integrations in 2027, suggesting a long-term commitment to this technology. This phased approach may reflect the complexities of integrating blockchain with existing financial systems and the need for thorough testing and validation.
In the current market context, with the total crypto market cap at $2.77 trillion and Bitcoin showing a modest 24-hour gain of 0.90%, the launch of DTCC's tokenization service adds a layer of legitimacy and institutional interest to the digital asset space. The Canton token (CC) has seen a slight decline, with a 24-hour drop of 2.77% and a 7-day decrease of 10.20%, currently trading at $0.095967 with a market cap of $3.83 billion.
Since this brief published about 2 hours ago, Canton (CC) has moved from ₹9.14$0.096 to ₹9.36$0.0983 — +2.48%.
The chart plots CC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 CC ≈ ₹9.85 (about $0.0983), down 1.5% over 24 hours. The rupee itself trades about 5.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
DTCC Launches Tokenization Service with 34 Securities, Major — questions & answers
What is DTCC's tokenization service?
It is a blockchain-based platform connecting traditional securities with digital markets, enabling 24/7 transfers between registered digital wallets.
Which financial institutions are involved?
Twenty institutions, including JPMorgan, Fidelity, Morgan Stanley, and UBS, have signed agreements to access the service.
What is the significance of DTCC's involvement?
DTCC's oversight of $114 trillion in securities underscores the potential scale and impact of this technology on traditional finance.
How much is 1 Canton worth in rupee today?
About ₹9.85 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.0983. The rupee price moves with both CC's US-dollar price and the USDT/INR rate; use our Canton in rupee page for any amount.
Has Canton's price moved since this brief was published?
CC is up 2.48% since this brief first published — trading at ₹9.36 ($0.0983) now versus ₹9.14 ($0.096) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi, Bitcoin.com, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.