DTCC Gains Approval to Tokenize Securities, Which L1s Can Benefit?

DTCC Gains Approval to Tokenize Securities, Which L1s Can Benefit? AllinCrypto December 12, 2025

The DTCC has received a No-Action Letter from the US Securities and Exchange Commission, granting permission to tokenize real-world, DTC-custodied assets on pre-approved blockchains.

Set to begin rolling out in the second half of 2026, the service will allow digital versions of highly liquid assets, including major index-tracking ETFs and US Treasuries, to exist on blockchain rails while retaining the same protections and ownership rights as traditional assets.

The authorization positions DTCC to bring programmable, 24/7 securities into the regulated financial system, and some blockchain networks are set to benefit over others.

The DTCC & Potential Impact on Hedera, XRP Ledger, and Stellar

DTCC’s strategy centers on combining the reliability of traditional market infrastructure with the programmability and global accessibility of distributed ledger technology.

DTCC’s move delivers major implications for blockchain networks designed for regulated financial use cases.

L1 networks like Hedera Hashgraph, the XRP Ledger (XRPL), and Stellar (XLM) are all able to emphasize compliance-friendly architectures with low fees and fast settlement speeds.

Hedera Hashgraph is well-positioned for consideration as an approved L1 or L2 that the DTCC is looking for. Hedera’s roster of regulated tokenization pilots and tokenized real-world assets align closely with DTCC’s goals of asset mobility.

The XRP Ledger may also benefit from the news, given its long-standing push for institutional adoption and its native capabilities for issuing regulated tokens on-chain.

XRPL’s established ecosystem in payments and financial institutions makes it a logical candidate for assets requiring high-speed, low-cost settlement.

Greyscale XRP ETF listed on DTCC
Greyscale XRP ETF listed on DTCC

From DTCC:

DTCC’s tokenization approach will enable DTC Participants and their clients to take advantage of a comprehensive tokenization service, underpinned by DTCC’s ComposerX suite of platforms. This will enable DTC to create a single pool of liquidity across the TradFi and DeFi ecosystems and deliver a more resilient, inclusive, cost-effective and efficient financial system.  

Stellar XLM is already a long-term partner and collaborator with the DTCC. Stellar Lumens is known for its micropayments and work in underbanked regions, banking the unbanked.

With existing collaborative efforts already done with the DTCC alongisde partnerships with PayPal and MoneyGram, Stellar could be prioritized by the DTCC for securities.

If any of these networks make DTCC’s approved blockchain list, it could catalyze enterprise adoption initiatives and accelerate a shift toward on-chain securities markets as one of the biggest institutional validations.

The post DTCC Gains Approval to Tokenize Securities, Which L1s Can Benefit? first appeared on AllinCrypto.

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