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DTCC announces plan to tokenize US Treasuries on Canton Network; DTCC becomes co-chair of Canton Foundation
DTCCTokenized DTC Treasuries on Canton
DTCC announced a partnership with Digital Asset's Canton Network to tokenize US Treasuries held in its custody, with a minimum viable product planned for the first half of 2026 and full production by the second half of 2026. DTCC will become co-chair of the Canton Foundation, which oversees the network, alongside Euroclear.
- MVP in H1 2026 in controlled environment; full production in H2 2026
- Tokenization aims to improve liquidity, operational efficiency and market transparency
- DTC custody and regulatory oversight preserved throughout the process
- Canton Foundation co-chaired by DTCC and Euroclear, signaling institutional adoption