Morgan Stanley Tokenizes U.S. Stocks and Treasuries on DTCC’s $114T Asset Platform

• Morgan Stanley is among the very first banks embracing DTCC’s brand-new tokenization service.
• The bank is taking part in tokenizing the U.S. equity and Treasury securities holdings at DTC.
• According to DTCC, the service produces chances for increased possession movement, liquidity and capital performance.

DTCC’s brand-new Tokenization Service, called DTS, is another action in the endeavor of real-world property tokenization by Morgan Stanley. The Wall Street bank suggested it’s one of the very first banks to tokenize U.S. equities and Treasuries on the platform.

We are enjoyed reveal that Morgan Stanley is amongst the very first banks to tokenize real-world properties following the launch of the @The_DTCC Tokenization Service (DTS), transforming U.S. Equity and U.S. Treasuries to tokenized kind.

Introduced on October 28, DTS produces tokenized representations of DTC-custodied securities to support higher liquidity, security movement and capital effectiveness.

— Morgan Stanley (@MorganStanley) November 3, 2026

Morgan Stanley Moves U.S. Securities Onchain

DTCC formally presented DTS on October 28, which is a brand-new tokenized offering of standard securities and participates in a regulated market facilities.

Qualified DTC individuals can release digital securities on the service that are backed by securities they currently hold at the DTC. Those properties are likewise transferrable from conventional storage to blockchain storage and hold the exact same ownership rights and financial worth.

Twenty DTCs have actually signed offers to permit users to access the service, consisting of Morgan Stanley. Other business included are JPMorgan, Bank of America, Citi, Barclays, Fidelity Investments, State Street and UBS.

Find out more: Bank of England Opens Tokenized Collateral Door With 2027 Deadline for UK Clearing

Tokenized Assets Keep Their Traditional Rights

According to DTCC, the tokenized securities are digital reproductions of possessions held by DTC. This is due to the fact that financiers would not get a synthesised item. The token is released as a representation of a privilege associated to the hidden security and intends to preserve financier defenses and financial rights.

Qualified possessions might be changed from their standard to tokenized state, supplying organizations with the capability to take advantage of managed securities in blockchain-based procedures.

DTCC Targets Faster Collateral Movement

Secret goals of DTS consist of making securities more mobile and much easier to release. According to DTCC, tokenization will allow organizations to use brand-new liquidity swimming pools, relocation security throughout quicker, and balance capital usage. It supplies service for dealing with token moving in between 24/7 signed up digital wallets that work with authorized digital networks.

DTS at first introduced with the Canton Network and DTCC’s personal Besu network. DTCC is aiming to broaden its networks in 2027. The platform includes a minimal variety of extremely liquid securities, such as picked Russell 1,000 stocks, large-cap index ETFs and U.S. Treasury expenses, notes and bonds.

$114T Custody Giant Expands Into Tokenization

DTCC’s launch is notable for the whole tokenized real-world possession market, due to the size of their facilities.

To date, DTC has more than $114 trillion in securities possessions held, offering a considerable swimming pool that might be incorporated into tokenized workflows in time.

DTCC formerly performed a test in July, and about 40 business participated in live production trades of tokenized U.S. Treasuries and stocks. The deals incorporated deals that occurred under the Treasury Repo program in addition to buy-sell trades and equity delivery-versus-payment deals.

By signing up with, Morgan Stanley brings the innovation from the screening stage into the active use of the innovation by organizations through a live tokenization platform.

Learn more: Blockchain.com and NYSE Target 24/7 Tokenized Stocks for 44 Million Crypto Accounts