DTCC selects Stellar network for tokenized securities platform

The integration will support issuance, settlement, and lifecycle management of tokenized securities. It also opens the possibility of future projects involving major indexes and U.S. Treasuries.

Partnership background The connection builds on an almost decade-long relationship that began with Securrency, a firm DTCC acquired in 2023 and later renamed DTCC Digital Assets. That earlier work embedded compliance features such as clawbacks, transfer restrictions, and identity controls directly into the Stellar network.

A representative of the Stellar Development Foundation said the tools were developed to meet requirements from regulated financial institutions.

Earlier demonstration Franklin Templeton's launch of the BENJI tokenized U.S.

Treasury fund in 2021 provided an early example of a regulated asset operating on a public blockchain. The fund placed records on a single shared ledger instead of multiple databases. The Stellar network allows asset issuers to add compliance, identity checks, and privacy protections on top of an open base layer.

Issuers can decide whether transfers require know-your-customer checks or whether assets can be frozen or clawed back.