The institution holding $114 trillion just set a date to put it on-chain.

The SEC signed the permission slip in December. The 57 firms building on it just announced their timeline.

DTCC/DTC — backbone of global securities settlement
• What: Tokenization service for DTC-custodied assets
• SEC: No-Action Letter granted Dec 2025, 3-year term
• In scope: Russell 1000 · Major index ETFs · U.S. Treasuries
• Timeline: July 2026 pilot → October 2026 full launch
• Who: Goldman Sachs, BlackRock, JPMorgan, Morgan Stanley, BNP Paribas, Citi, UBS, Wells Fargo, BofA, HSBC, Nasdaq, NYSE Group, State Street — plus Anchorage, BitGo, Circle, Fireblocks, Kraken, Ondo, Ripple

This isn't DeFi experimenting with TradFi. It's TradFi upgrading its own rails.

#RWA #Tokenization #Solana