Two weeks after going live on Canton Network and its private Besu network, the DTCC Tokenization Service is adding Solana as its next blockchain. The integration will let eligible DTC-custodied assets be converted into tokenized form on Solana's L1, with token lifecycle functions, and is planned for the second half of 2027.

DTC holds more than $114T in assets under custody, and 20 participants including J.P. Morgan, Citadel Securities, State Street, Morgan Stanley and UBS have signed up to use the service.

DTCC says tokenized securities on Solana will keep the same ownership rights, investor protections and regulatory safeguards as traditionally held ones. Solana joins Canton and Besu as part of DTCC's multi-chain plan, with more networks due to be added in 2027.