🏦 WALL STREET ARRIVES ON SOLANA: DTCC TO TOKENIZE STOCKS ON ITS NETWORK 🔗
Today I came across huge news for Solana: DTCC, the company that settles and holds custody of nearly all U.S. stocks, announced that it will connect its tokenization service to the $SOL network in the second half of 2027.
That means shares in major companies, ETFs, and Treasury bonds that are currently held in custody by its subsidiary DTC could be issued as tokens on Solana. It’s the fifth network DTCC has added to this service, after Canton, Besu, Stellar, and Arc.
Today $SOL is trading around $77.90, down 4.7% on the day amid a broad market decline.
To me, Wall Street choosing Solana to tokenize stocks is one of the biggest pieces of news for this network this year, even though it will still be more than a year before it happens.
Do you think this could change Solana’s trajectory in 2027, or is it just another announcement about something that’s still a ways off?
#Solana
Today I came across huge news for Solana: DTCC, the company that settles and holds custody of nearly all U.S. stocks, announced that it will connect its tokenization service to the $SOL network in the second half of 2027.
That means shares in major companies, ETFs, and Treasury bonds that are currently held in custody by its subsidiary DTC could be issued as tokens on Solana. It’s the fifth network DTCC has added to this service, after Canton, Besu, Stellar, and Arc.
Today $SOL is trading around $77.90, down 4.7% on the day amid a broad market decline.
To me, Wall Street choosing Solana to tokenize stocks is one of the biggest pieces of news for this network this year, even though it will still be more than a year before it happens.
Do you think this could change Solana’s trajectory in 2027, or is it just another announcement about something that’s still a ways off?
#Solana
