DTCC cleared to tokenise US markets in historic crypto pivot by $100 trillion custodian

Core Insights - The US financial infrastructure is moving towards blockchain technology with the DTCC receiving a no-action letter from the SEC, allowing for the tokenization of real-world assets [1][3] - The digital versions of securities will maintain the same ownership rights and investor protections as traditional securities, potentially transforming the US securities market [2][4] - The initiative is part of a broader trend by the US government to create a crypto-friendly environment and modernize market technology [3][5] Group 1 - The DTCC can now issue blockchain-based representations of highly liquid assets, including Russell 1000 stocks and treasury bills, following SEC approval [1][2] - The DTCC holds approximately $100 trillion in assets, indicating its significant role in the US securities market [2] - The rollout of this initiative on approved blockchains is anticipated in the second half of 2026 [4] Group 2 - The SEC and CFTC are making regulatory adjustments to support digital assets, with the CFTC launching a digital assets pilot program that includes major cryptocurrencies [5] - The CFTC is also providing regulatory clarity for tokenized collateral related to real-world assets like US Treasuries [5] - SEC chair Paul Atkins is focused on overhauling crypto regulations to ensure long-term stability and prevent future administrations from reversing progress [6]