Stellar price rose after a core Wall Street infrastructure firm said tokenized assets are expected to launch on the network in early 2027.
The Depository Trust & Clearing Corporation (DTCC), the Wall Street market-infrastructure firm behind much of U.S. securities settlement, plans to let assets held by its DTC unit be turned into blockchain-based versions on the Stellar network.
In a May 27 press release, DTCC and the Stellar Development Foundation (SDF) said they expect DTC-tokenized assets to become available on Stellar in the first half of 2027.
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With the collaboration, details of which remain undisclosed, DTCC said tokenization could help speed up settlement, extend trading hours and reduce costs and risk.
DTC is DTCC’s securities depository unit, which holds securities for market participants and supports clearing and settlement behind the scenes
Open Infrastructure on Stellar
The announcement follows a December 2025 no-action letter from the U.S. Securities and Exchange Commission, which allowed DTC to implement and operate a tokenization service for DTC-custodied assets.
DTCC said it will work with SDF to evaluate eligible asset classes, including highly liquid assets such as Russell 1000 constituents, major index ETFs and U.S. Treasury bills, bonds and notes, though that doesn’t mean those assets are all launching on Stellar immediately in 2027.
DTCC CEO Frank La Salla said the collaboration is part of the company’s effort to build “open, interoperable digital infrastructure” connecting traditional and digital markets.
The market quickly reacted on the news, pushing Stellar’s XLM▲$0.2344 token price up 15% on the day to around $0.17, bringing the token’s market capitalization to $5.6 billion, per data from CoinGecko.
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