Stellar has announced a partnership with the Depository Trust & Clearing Corporation (DTCC) to bring tokenized securities on-chain, leading to an 8% rise in Stellar's native token, XLM, which now trades above $0.16. The collaboration aims to integrate DTCC's tokenized securities platform with the Stellar blockchain by the first half of 2027, targeting DTC-custodied assets such as Russell 1000 equities and US Treasuries.
DTCC, a major post-trade market infrastructure provider, processed approximately $4.7 quadrillion in securities transactions last year. Nadine Chakar, Managing Director and Global Head of DTCC Digital Assets, highlighted Stellar's compliance, transaction throughput, and cost-efficiency as key factors in the partnership. This move is seen as a significant step towards scalable and compliant tokenization of mainstream financial instruments, potentially encouraging other market infrastructures to explore similar blockchain integrations.
The announcement has sparked renewed investor interest in Stellar's role in the institutional tokenization market, with XLM breaking above a short-term resistance zone near $0.15. The token's price movement reflects speculative flows and a positive market response to Stellar's growing institutional partnerships.
Stellar Partners with DTCC to Launch Tokenized Securities, XLM Surges 8%
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