DTCC has gone live with its DTC Tokenization Service, running the first production trades of tokenized Russell 1000 stocks, major ETFs and US Treasuries — and Ondo Finance issued the first tokenized shares built on it.

The initiative spans 40+ firms, including BlackRock, JPMorgan, Goldman Sachs, Nasdaq and NYSE. DTCC turns DTC-held securities into onchain “digital twins” that keep the same ownership, dividend and governance rights and convert back at will. Limited production trades are starting now, with a full commercial launch slated for October — a milestone in moving Wall Street’s core settlement plumbing onchain.