The Depository Trust & Clearing Corporation (DTCC) will open commercial access to a tokenization service this month covering approximately $30 trillion in assets. The service will initially operate only on the closed platforms Canton and Besu, with 25 liquid instruments. Securities-to-token conversions will be available only to two types of participants between 2:00 and 18:00 ET, while institutions can transfer tokens between wallets around the clock. Stellar (XLM) has been named a 2027 launch partner, with the original first-half 2027 timeline unchanged.