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DTCC is a centralized post-trade market infrastructure for the global financial services industry. It automates, centralizes, and standardizes the processing of financial transactions across asset classes, handling clearing, settlement, asset servicing, trade reporting, and data services. Its network spans 21 locations worldwide, serving thousands of broker/dealers, custodian banks, and asset managers, with industry ownership and governance that aims to reduce risk, increase transparency, and improve efficiency. The company operates through subsidiaries that process large-scale securities transactions ( trillions of dollars in value) and provides custody and asset servicing for issues from over 150 countries. Its Global Trade Repository processes billions of messages annually. DTCC's goal is to simplify market operations, enhance resilience, and support the broader move toward digital assets, while maintaining soundness and reliability for existing financial markets.
Industries
AI & Machine Learning
Cybersecurity
Enterprise Software
Financial Services
Data & Analytics
Government & Public Sector
Healthcare
Consulting
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1973
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The Depository Trust & Clearing Corporation's tokenization service is set to launch commercially in October 2026, following production trades in July that tested collateral pledge, securities lending, and treasury workflows across over 30 firms. The service received SEC authorization in December 2025 via a three-year no-action letter. It runs on the ComposerX platform, using LFDT's Besu and the Canton Network for multi-chain operations. More than 50 firms now participate in the Industry Working Group, including BlackRock, JPMorgan, Goldman Sachs, and Circle. The focus has shifted from adoption to standardization. DTCC data shows $300 trillion in global high-quality liquid assets, with only 10-11% used as collateral. Digital Asset estimates the tokenized workflows could boost balance sheet efficiency by 30-50% through real-time collateral mobility.
DTCC partners with BitGo to launch digital asset infrastructure for tokenized US Treasuries and equities. The financial world's central plumbing system just went onchain, with BitGo providing wallet infrastructure for settlement of tokenized securities 2 hours ago Sponsored: CryptoSlots - Cryptoslots Play now! The Depository Trust & Clearing Corporation, the entity that quietly processes virtually every stock and bond trade in America, has taken its most consequential step into blockchain-based infrastructure. On July 15, DTCC's subsidiary The Depository Trust Company successfully converted eligible US Treasuries and equities into tokenized digital twins, with BitGo Bank & Trust serving as the custodian handling settlement and movement of those assets onchain. What actually happened on July 15. The milestone was part of DTCC's broader Tokenization Service, which converts traditional financial instruments into blockchain-native representations while maintaining their legal and economic properties. The July trades focused on repo and reverse repo workflows, the short-term lending markets where institutions borrow against Treasuries as collateral. Over 30 firms participated in the pilot, and the roster reads like a who's who of global finance. BlackRock, Goldman Sachs, and J.P. Morgan were among the institutions testing the interoperability and operational capabilities of the new system. BitGo holds a distinctive role in the arrangement. The company is the only OCC-regulated full-service qualified custodian integrated with the DTCC Tokenization Service. In practical terms, that means BitGo is the entity responsible for holding and moving the tokenized assets when trades settle, a function that requires both the technical capability to manage onchain wallets and the regulatory standing to custody institutional-grade securities. The official, full-scale launch of the DTC Tokenization Service is planned for October 2026. The path to this moment. This partnership didn't materialize overnight. In December 2025, the organization partnered with Digital Asset for tokenization on the Canton Network, laying groundwork for interoperable digital asset infrastructure across multiple blockchain environments. By May 2026, DTCC confirmed BitGo's involvement alongside more than 50 industry participants in the broader tokenization initiative. The July pilot narrowed the focus to live trades with real assets, proving the system works under actual market conditions rather than in sandboxed test environments. What this means for markets. The October launch will be a defining moment for institutional adoption of tokenized assets. When the entity that clears nearly all US securities transactions officially supports tokenized versions of those same instruments, it removes one of the biggest objections institutional players have had: counterparty and infrastructure risk. The risk to watch is execution. Moving from a 30-firm pilot to full production across the entire DTC ecosystem is a massive scaling challenge. Settlement failures in repo markets don't just cause inconvenience; they can trigger cascading liquidity problems. Disclosure: This article was edited by Editorial Team. For more information on how Crypto Briefing create and review content, see its Editorial Policy.
DTCC partners with BitGo to launch digital asset infrastructure for tokenized US Treasuries and equities. August 30, 2026 Crypto Briefing general Positive The Depository Trust and Clearing Corporation (DTCC) has partnered with BitGo to launch a digital asset infrastructure platform designed to support the tokenization of US Treasuries and equities, marking one of the most significant moves by a traditional financial market utility into blockchain-based settlement infrastructure. The DTCC, which clears and settles trillions of dollars in securities transactions annually, is betting that distributed ledger technology can reduce counterparty risk and increase settlement efficiency for tokenized real-world assets (RWAs), while BitGo brings institutional-grade custody and digital asset operational expertise to the collaboration. For crypto investors tracking DTCC blockchain news, tokenized US Treasury adoption, and institutional digital asset infrastructure developments, this partnership signals that Wall Street's core plumbing is beginning to embrace on-chain settlement as a viable long-term architecture rather than a speculative experiment. The move arrives as the tokenized Treasury market alone has surpassed $5 billion in on-chain value in 2025, with platforms like BlackRock's BUIDL fund and Franklin Templeton's FOBXX demonstrating genuine institutional appetite. However, analysts note that scaling challenges - including cross-chain interoperability, regulatory compliance at the asset level, and liquidity fragmentation - could limit adoption velocity and introduce new risks for early participants. The DTCC-BitGo alliance positions both organizations at the center of a potential multi-trillion-dollar shift in how US securities are issued, transferred, and settled. Watch for the platform's initial go-live timeline, the specific blockchain rails selected, and whether other major custodians and broker-dealers join as infrastructure partners in the coming quarters. The DTCC's blockchain move could revolutionize financial markets by reducing counterparty risk, but scaling challenges may pose liquidity risks. DTCC partners with BitGo to launch digital asset infrastructure for tokenized US Treasuries and equities.
Kaizen taps DTCC veteran to reshape reporting platform. August 26, 2026 Kaizen, a regulatory reporting assurance specialist relied upon by major financial institutions, has appointed Sam North as its new Chief Product Officer (CPO) as the firm looks to accelerate the next stage of its growth. North arrives at Kaizen after more than 15 years at DTCC, where he most recently held the role of Executive Director, Product Management. His background spans regulatory reporting, post-trade services and product development, alongside experience in digital transformation and the deployment of artificial intelligence across financial services. In his new role, North will take charge of Kaizen's product strategy and roadmap. His focus will centre on increasing client value and adoption as the business works towards a more connected and scalable platform. Kaizen has built its reputation on the strength and rigour of its regulatory reporting assurance services. The company's broader ambition is to make those capabilities more accessible and actionable through technology, giving clients clearer visibility into their reporting and a faster route to investigating and resolving issues. Beyond his product management background, North's experience in applying AI within financial services is expected to support Kaizen's efforts to evolve its platform and improve how clients interact with the insights it generates. Michael Leach, CEO of Kaizen, said, "Sam brings an exceptional combination of deep regulatory reporting knowledge, extensive product experience and a strong understanding of the challenges our clients face." Michael Leach, CEO of Kaizen, said, "His appointment comes at an important point in Kaizen's growth as we continue to scale our platform and make it easier for clients to understand and act on the insights our assurance provides." Michael Leach, CEO of Kaizen, said, "Sam's experience will be hugely valuable as we build on what Kaizen is already known for - deep expertise and rigorous regulatory reporting assurance - while continuing to evolve our platform and the experience we provide to clients. I'm delighted to welcome him to the team." Sam North, Chief Product Officer at Kaizen, said, "Kaizen has built a strong reputation for the quality of its regulatory reporting assurance and is trusted by many of the world's leading financial institutions. I'm excited to be joining at such an important point in its growth. "There is a significant opportunity to make those capabilities even more accessible and actionable through technology, giving clients greater visibility into their reporting and making it easier to investigate and resolve issues. "I'm looking forward to working with the team and with clients as we continue to develop the Kaizen platform and build on Kaizen's strong foundations."
Bitwise launches tokenized stock portfolios in partnership with Coinbase. 25 Aug, 2026 byDropsTab Join Its Socials Automated Token Portfolios (ATP) - model portfolios of tokenized U.S. stocks that can be managed automatically while keeping assets in your own non-custodial wallet. The key difference from traditional funds: assets are not pooled into a common fund and are not transferred under the control of a management company. Tokenized stocks remain in the user's wallet, and the portfolio composition is automatically rebalanced according to the Bitwise strategy. The number of Solana network transactions reached a record 4.2 billion amid SOL's growth. 25 Aug, 2026 byDropsTab Join Its Socials One of the growth factors has been tokenized real-world assets (RWA), whose market capitalization now exceeds $38 billion. DeFi infrastructure also plays an important role. As of early August, Jupiter processed about 71% of the DEX aggregation volume on the Solana network, although its share subsequently began to decline amid intensifying competition. +37% to the price of SOL over the past week LayerZero (ZRO), together with Citadel Securities and DTCC, will launch the institutional crypto exchange ATLAS this fall. 25 Aug, 2026 byDropsTab Join Its Socials ATLAS will not have a consumer application; it will become the underlying infrastructure for trading assets on the blockchain for institutional clients. Coinbase has launched tokenized stocks on Base. Trading is available 24/7, and liquidity has already appeared on Aerodrome (AERO). 25 Aug, 2026 byDropsTab Join Its Socials Coinbase has launched tokenized shares of U.S. companies on the Base network. These shares are issued under the B20 standard and are backed by real shares held in a 1:1 ratio by the regulated broker and custodian Alpaca. Users outside the U.S. in supported jurisdictions will be able to hold and trade fractional shares of stocks, including Apple and NVIDIA, directly through non-custodial wallets. Trading is available 24/7, and liquidity has already appeared on Aerodrome. The tokenized shares can also be used in Base's DeFi protocols - for example, as collateral for loans via Aave or to provide liquidity on DEXs. B20 is based on ERC-20 and is compatible with existing wallets and DeFi infrastructure. Dividends and stock splits are accounted for via a special on-chain mechanism without changing the number of tokens on the balance. Base announced that in the coming weeks, Coinbase's list of available tokenized shares will be expanded, and later, other RWA assets are planned to be added to the network. Arthur hayes' new essay, "same same but different": Bessent repeats Yellen's pattern - Bitcoin responds with a rise. 25 Aug, 2026 byDropsTab Join Its Socials The actions of the U.S. Treasury Department, led by Scott Bessent, are starting to resemble Janet Yellen's policy from late 2023, when an increase in short-term government bond issuance helped release about $2.4 trillion in liquidity. It was precisely this factor that supported the growth of Nasdaq and Bitcoin at the time. Now, Bessent is trying to curb the rise in long-term Treasury yields by increasing the volume of reverse repurchase agreements. On August 19, the Treasury announced additional buybacks totaling approximately $20 billion, after which the yield on 10-year bonds briefly declined, and Bitcoin saw a noticeable rally. However, this volume is insufficient, and the market may force the Treasury to expand its support. Three possible scenarios: * The Treasury and the White House cut spending - unlikely ahead of the election; * Bessent announces unlimited bond buybacks at yields above 5% (following the model of the Bank of Japan) - the best-case scenario for Bitcoin; * The most likely scenario is a gradual increase in buybacks combined with the use of other reserves, including the Treasury's account at the Federal Reserve (TGA, around $1 trillion). A direct interest rate cut or a new round of quantitative easing is unlikely until the AI infrastructure market bubble bursts. Maelstrom's position: The company holds maximum risk in its portfolio - betting on Bitcoin, Ether, Ethena, and Ether.fi. Mining Zcash (ZEC) is currently 4.5 times more profitable than mining Bitcoin (BTC). 24 Aug, 2026 byDropsTab Join Its Socials Against the backdrop of ZEC's growth, the profitability of Zcash mining has noticeably increased. Currently, the Antminer Z15 Pro generates about $727 in gross revenue per 1 MWh of electricity: * Zcash - $727 per 1 MWh. * AI/HPC computing - $223. * Bitcoin on the Antminer S23 Pro - $162. * Bitcoin on the Antminer S21 Pro - $103. In terms of gross revenue per unit of electricity, Zcash mining is now approximately 3.3 times more profitable than AI/HPC and 4.5 times more profitable than Bitcoin mining on the new-generation ASICs. As recently as late June, the Z15 Pro generated around $373 per 1 MWh. The main driver behind this increase was the rise in ZEC prices by roughly 70% over the past week. It's important to note that this refers specifically to gross revenue, excluding costs for equipment, maintenance, and electricity consumption. Join Stake 200% Bonus. Win $100k Daily. Play with Crypto, Enjoy Best VIP Club, Daily Bonuses, Instant Withdrawals.
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Industries
AI & Machine Learning
Cybersecurity
Enterprise Software
Financial Services
Data & Analytics
Government & Public Sector
Healthcare
Consulting
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1973
Find jobs on Simplify and start your career today