DTCC, NYSE, and Nasdaq Are All Tokenizing: $1.9B in Freed Capital, $225M in New Revenue, and a July Launch

The US financial system is going all-in on tokenization

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DTCC, NYSE, and Nasdaq are all tokenizing stocks, proving the US financial system just went all-in on tokenization.

The DTCC is the critical infrastructure that holds US capital markets together: the post-trade backbone processing quadrillions of dollars annually and custodying over $114 trillion in assets.

When the DTCC moves, markets move.

And the DTCC just made two landmark moves that were underreported.

First, its subsidiary DTC secured an SEC No-Action Letter to launch a tokenization service for real-world assets, including Russell 1000 equities, major ETFs, and US Treasuries. Limited production trades beginning in July 2026 and a full commercial launch in October.