The Depository Trust Company (DTC), a core subsidiary of the DTCC, has received regulatory approval from the U.S. Securities and Exchange Commission (SEC) to develop tokenization services for certain assets it holds in custody. The platform is expected to launch in the second half of 2026. This initiative aims to integrate stocks, ETFs, and fixed income securities into a blockchain-based settlement system to streamline processes and reduce settlement times. A related patent filed by the DTCC defines XRP and Stellar (XLM) as "digital liquidity tokens" to support the framework's development.

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