How DTCC Plans to Bring More of Wall Street On-Chain

Summary

DTCC has moved tokenized securities into production with participation from JPMorgan, Goldman Sachs, and BlackRock. Nadine Chakar, Global Head of DTCC Digital Assets, outlines a roadmap: platform access opens in September, a collateral app chain launches by early December, and corporate actions processing will come on-chain later. The discussion highlights a shift from proving technology to expanding industry access and functionality.

• DTCC launched live production of tokenized securities after years of testing.
• Over two dozen institutions including JPMorgan, Goldman Sachs, and BlackRock participated.
• Platform access is planned to open in late summer or early September 2023 for testing, with broader rollout in October.
• A collateral app chain is expected by end of November/early December to tokenize and use assets as collateral.
• Future plans include corporate actions on-chain, support for more blockchains, and a peer-to-peer digital ecosystem.
• The focus is shifting from proving the technology to expanding access and features for the industry.