The three most powerful names in traditional finance are about to put stocks and US Treasurys on blockchain rails. JPMorgan, BlackRock, and Goldman Sachs are participating in a sweeping tokenization initiative through the Depository Trust & Clearing Corporation that begins limited production trades of tokenized securities in July 2026.
What’s actually happening
The DTCC is launching its DTC Tokenization Service on its ComposerX platform, starting with limited production trades of tokenized Russell 1000 stocks, major ETFs, and US Treasuries. A full commercial launch is slated for October 2026.
More than 50 firms have signed on to participate. That roster includes BlackRock, JPMorgan, and Goldman Sachs.
The regulatory groundwork was laid back in December 2025, when the SEC issued a no-action letter establishing a three-year pathway for tokenized securities held at the DTC.
