DTCC Tokenization Starts on Canton

The DTCC is moving its tokenization service into commercial operation in October 2026, and one of the two chains it will run on at launch is Canton. For you as an investor in Germany, that single announcement carries two very different messages. The infrastructure behind the Canton network gains a client that nobody in finance can talk down. The matching token, Canton Coin, remains what it was: a security with a remarkably thin euro market. This article keeps the two apart.

The DTC Tokenization Service: what goes live on Canton in October

The DTCC is the central settlement institution of the US securities market. Securities are held there, and it is the place that makes sure paper and money actually change hands once a trade is done. Its subsidiary DTC holds the positions, and those custodied positions are now getting a digital copy. Tokenization means nothing more than this: an existing security is additionally recorded as a transferable entry on a blockchain.

According to a Forkast report dated October 2, 2026, the DTC Tokenization Service enters commercial operation this month and will handle part of the securities volume the DTCC moves every year. Forkast puts that order of magnitude at $4.7 quadrillion a year. The DTCC itself, when it announced the partnership in December 2025, gave settled securities of $3.7 quadrillion for 2024 and custodied holdings of $99 trillion. The figures measure different things and cannot be set against each other, yet they point to the same size class. Nothing here is a pilot project at the edge of the market.