DTCC to Digitize U.S. Treasuries with Canton Network’s Blockchain
The Depository Trust & Clearing Corporation (DTCC) is partnering with Digital Asset and Canton Network to tokenize U.S. Treasury securities, marking its first MOVE to bring DTC-custodied assets onto the blockchain. This initiative aims to modernize market infrastructure by leveraging Canton Network’s privacy-focused technology, designed for institutional compliance and control.
The project, approved by the SEC via a No-Action Letter, clears regulatory hurdles for tokenizing real-world assets held by DTC. A pilot launch is slated for 2026, with potential expansion to other asset classes. The move is expected to enhance liquidity across financial markets by digitizing portions of the $100 trillion in assets under DTCC’s custody.
Canton Network’s blockchain was selected for its ability to balance transparency with privacy—a critical feature for institutional adoption. Unlike public chains, its architecture restricts transaction visibility to relevant parties, addressing longstanding concerns about data exposure in decentralized systems.