2026-01-06 12:23:37

The US SEC has issued a "No Action Letter" to DTC under DTCC, officially announcing that starting from the second half of 2026, a pilot program will be launched to tokenize traditional securities—this time not just a self-entertainment in the crypto circle, but a serious move by Wall Street with real funds.

Traditional financial assets such as government bonds, ETFs, and Russell 1000 component stocks are about to be tokenized on the blockchain. The pilot period lasts three years. What does this mean? It signifies that the US financial market's core institution, DTCC, has officially entered the scene.

From an industry perspective, how dramatic is this shift? Previously, tokenization was a vision within the crypto community; now it has become an official strategy of the traditional financial system. As the core infrastructure of the US financial market, DTCC's participation directly shifts the focus from "technical feasibility" to "large-scale application." The compliance sandbox is open, and Wall Street institutions now have a clear operational pathway.

For the crypto market, the short term may face capital competition—institutional investors now have official channels to trade on-chain assets. But from another angle, when traditional assets worth trillions of dollars go on-chain, the story of the entire RWA ecosystem is no longer just theoretical speculation but a tangible reality. This is an incremental market that the blockchain industry has long been期待ing.

Deeper logic reveals that when traditional finance begins to use blockchain to optimize efficiency and transparency, we are witnessing a true return to the value of blockchain technology itself—improving the efficiency of value transfer and reducing intermediary costs. This is the true face of technological progress.

RWA-0,87%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
7
Repost
Share

Comment

0/400

GasFeeTears

· 01-09 11:48

Uh, Wall Street is finally dropping the act and going on-chain. Are the bragging rights we've been talking about for the past few years about to become a reality?

View OriginalReply0

TokenToaster

· 01-09 10:02

Wait, is DTCC really going on-chain? This can't be a dream, I need to pinch myself... Wall Street is serious this time. See the real deal in the second half of 2026, a three-year pilot program, even government bonds dare to go on-chain? This is the real "big move" coming. The RWA ecosystem is finally no longer just a PPT project, it's worth trillions of dollars, just thinking about it is exciting. Is now a good time for short-term bottom fishing, everyone? Wall Street is entering, is a change coming to the crypto world? For the first time in my life, traditional finance is actively embracing blockchain, brothers, that's not easy. Russell 1000 is going to be tokenized, now institutions have no reason to look down on on-chain assets anymore. If DTCC doesn't make a move, then just forget it; once they do, it's a game-changer. Honestly, I'm a bit worried that traditional finance might mess up blockchain, but having multiple options can't be a bad thing, right?

View OriginalReply0

LiquidityOracle

· 01-06 12:50

Ha, finally here. The folks on Wall Street are really getting serious. Wait, will the crypto world be drained during these three years of pilot programs? The involvement of DTCC completely changes the game. But honestly, the idea of trillions of dollars going on-chain is truly impressive. RWA is no longer just talk; it's becoming quite powerful. In the short term, it will definitely be chaotic, as institutions rush to official channels. Hmm, what about our liquidity? The real value-driven movement is here, finally moving beyond just speculation. These three years will be crucial; whoever seizes the opportunity wins. Wait, government bonds are also going on-chain? No way. Efficiency improvements and cost reductions—that's what blockchain should be doing. I'm a bit worried about short-term downward pressure on crypto prices... but optimistic in the long run. Wall Street officially entering the scene means the ecosystem will be reshaped. The compliance sandbox is opening, and the era of wild growth is coming to an end.

View OriginalReply0

ForeverBuyingDips

· 01-06 12:44

Damn, is Wall Street really serious this time? Hopefully it's not just another PPT... Wait, even government bonds are going on the chain? This track suddenly feels different. RWA is really about to take off; it feels like the hype before is finally becoming real. We still have to wait until 2026, but this signal is already powerful enough... institutions are rushing to grab their share. Once the action letter comes out, those previous doubts seem to have diminished significantly. Tens of trillions in assets going on the chain—just thinking about it is exciting... this is truly the blue ocean.

View OriginalReply0

LayerHopper

· 01-06 12:44

Wall Street is really getting serious this time, and it feels different Wait, a three-year pilot period? So we have to wait until 2029 to see real-scale applications? What does DTCC's involvement mean? It indicates that tokenization is finally moving from talk to reality Institutions rushing into RWA, do retail investors still have a chance? That's a good question Tokenizing government bonds, just thinking about it is exciting... but could this make the narrative in the crypto space even more intense? Basically, Wall Street has discovered the real needs of blockchain, no longer just hyping technology Trillions of assets going on-chain, the ecosystem is bound to explode, provided the SEC truly gives the green light It feels like a watershed moment; on-chain assets might really become mainstream in the future But on the other hand, will DTCC's involvement indirectly limit the innovation space for the crypto community? The compliance sandbox indeed provides a clear roadmap for institutions, but whether this is a benefit or a drawback for Crypto itself is hard to say

View OriginalReply0

On-ChainDiver

· 01-06 12:35

Wait, is this real? Wall Street is finally taking it seriously? --- Once DTCC got involved, everything changed. We're no longer just playing our own game. --- Trillions of dollars on the blockchain... sounds easy to say, but can it really be implemented in three years? Haha --- Funding competition is heating up, but this also shows that the ecosystem is indeed doing the right things. --- Finally, this day has arrived. It feels like all those papers are about to become reality. --- The key is that Wall Street is pouring real money in. This is completely different from the concept of just trading coins. --- Government bonds are going on the blockchain. This TMD is truly a revolution. --- Short-term bets, long-term gains, that's the story. --- DTCC has stepped in, and the entire narrative has changed. --- Three-year pilot... conservatively speaking, 2029 might be the watershed?

View OriginalReply0

0xLuckbox

· 01-06 12:35

Wall Street has finally bowed, and RWA is no longer just our self-congratulatory story. DTCC is entering the scene, trillions are going on-chain. Although competition is fierce in the short term, this is the real incremental growth. Wait a minute, will we still have to wait until 2026... Can we get a turn in this wave? Finally, someone is playing with real money, not just air tokens.

View OriginalReply0