SEC grants no-action relief to DTCC for tokenizing U.S. Treasuries on Canton Network

The U.S. Securities and Exchange Commission issued a no-action letter to the Depository Trust Company (DTCC subsidiary), allowing DTCC to conduct a three-year pilot tokenizing U.S. Treasury securities custodied at DTC on Digital Asset's Canton Network. The pilot would start with a minimum viable product in H1 2026.