DTCC代币化服务10月底上线：首批25只证券上链 可代币化资产池约30万亿美元
纽约——美国证券结算核心机构存托信托与清算公司（DTCC）本周发布其代币化服务概览，确认「DTCC 代币化服务」将于 2026 年 10 月底前商业上线，首批包含 25 只证券——罗素 1000 指数中的大盘股、主要交易所交易基金（ETF）与美国国债，在 Canton Network 与 DTCC 自有私有网络 Besu 上运行。每枚代币与存托信托公司（DTC）托管的对应证券 1 比 1 对应，沿用同一 CUSIP 编号、同样的法律权利与投资者保护，并可转换回传统形式。
据 DTCC 概览，DTC 托管资产总额逾 114 万亿美元，其中约 30 万亿美元资产可随时间推移被代币化。该服务依据美国证券交易委员会（SEC）2025 年 12 月发出的、为期三年的不采取行动函（no-action letter）推出；今年 7 月 15 日，30 多家机构已在生产环境中用 DTC 代币化资产完成真实交易，场景涵盖抵押品质押、证券借贷、国债回购与股票货银对付交割等。使用资格限于 DTC 参与机构及其客户，主要为大型银行、券商与托管机构。代币化证券可在同一网络内已注册、经筛查的钱包之间全天候转移；代币与传统形
式之间的转换在工作日美东时间约凌晨 2 时至下午 6 时办理，目标 15 分钟内完成。DTCC 并计划在 2027年再接入 Stellar 等网络。
DTCC Tokenization Service to Launch at End of October: 25 Securities First, With an Eligible Pool of About $30 Trillion
NEW YORK — The Depository Trust & Clearing Corporation (DTCC), the institution at the center of U.S. securities settlement, released an overview of its tokenization service this week confirming a commercial launch by the end of October 2026. The DTCC Tokenization Service starts with 25 securities — large-cap Russell 1000 stocks, major ETFs and U.S. Treasuries — on the Canton Network and on Besu, DTCC's private network. Each token is backed one-to-one by securities held at the Depository Trust Company (DTC), keeps the same CUSIP number, the same legal rights and the same investor protections as the underlying security, and can be converted back into traditional form.
According to DTCC's overview, about $30 trillion of assets held at DTC — which custodies more than $114 trillion in total — can be tokenized over time. The service operates under a three-year no-action letter the Securities and Exchange Commission issued in December 2025. More than 30 institutions already traded tokenized DTC assets in live production trades on July 15, spanning collateral pledges, securities lending, Treasury repo and equity delivery-versus-payment transactions. Only eligible DTC participants — mainly large banks, brokers and custodians — and their clients can use the service. Tokenized securities can move around the clock between registered, screened wallets on the same network, while conversions between tokenized and traditional form run on business days, roughly 2 a.m. to 6 p.m. Eastern, with a target of 15 minutes or less. DTCC plans to add networks including Stellar in 2027.
发布：GSM·美国（发布链接）
图片来源：图：纽约证券交易所大楼（华尔街）资料照片。照片：Arild Vågen，CC BY-SA 4.0，Wikimedia Commons。File photo: the New York Stock Exchange building on Wall Street. Photo by Arild Vågen, CC BY-SA 4.0, via Wikimedia Commons.
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