DTCC

Morgan Stanley will let clients trade tokenized U.S. stocks and ETFs on its internal alternative trading system starting in late 2026, aligning with SEC-backed on-chain settlement pilots at DTCC and Nasdaq. The move signals growing institutional support for tokenized securities and a potential shift in post-trade processing.

On March 2 the DTCC’s National Securities Clearing Corporation added Ripple-owned “Hidden Road Partners CIV US LLC” to its MPID directory, marking Ripple’s first visible entry into Wall Street’s stock-clearing infrastructure. The update underscores Ripple’s push to move institutional value across payment rails, stablecoins and blockchain networks.

The SEC approved DTCC’s tokenization service and the firm will begin minting tokenized U.S. Treasuries on the Canton network, signaling a major push into regulated digital securities. The move could speed settlement, broaden access, and anchor institutional crypto adoption.

A DTCC subsidiary received a no-action letter from the SEC, clearing the way to offer a tokenization service for stocks, ETFs and bonds, with a planned launch in 2026. The decision reduces regulatory uncertainty for institutional digital securities.

Chainlink briefly appeared on a DTCC reference list, triggering talk that a LINK ETF is imminent; the update looks more like routine infrastructure work than SEC approval. Market observers say similar DTCC and custody preparations for XRP and SOL have shifted timelines earlier, making a 2025 LINK ETF plausible if regulators sign off.

Bitwise’s Chainlink ETF was added to the DTCC platform under ticker CLNK, marking a concrete operational step toward institutional access for LINK. Despite the move, on-chain and market data show ongoing selling by holders, keeping near-term pressure on the token.

Bitwise's proposed Chainlink ETF was registered in the DTCC system under ticker CLNK, a procedural step that brings the product nearer to potential trading. The development has sparked market interest in LINK but does not guarantee SEC approval or an exchange listing.

Bitwise’s proposed Chainlink ETF was added to the DTCC eligibility list on November 12 under ticker CLNK, clearing a key operational step ahead of a potential launch. DTCC eligibility enables standard clearing and settlement, moving the fund closer to public trading.