Alpaca Joins DTCC Industry Working Group to Promote Tokenized Securities in the US
AlpacaDB Inc. announced its participation in an industry working group on tokenized securities hosted by DTCC, the US securities clearing and settlement organization. This is a significant step towards the widespread adoption of tokenized US stocks, leveraging Alpaca's expertise in tokenization infrastructure to contribute to the evolution of the US capital market.
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- 📰 Published: May 8, 2026 at 19:50
- 🔍 Collected: May 8, 2026 at 11:02
- 🤖 AI Analyzed: May 8, 2026 at 11:27 (24 min after Collected)
AlpacaDB Inc. and its group companies (hereinafter "Alpaca"), a global leader in providing securities infrastructure APIs, announced their participation in an industry working group (*1) on tokenized securities hosted by the Depository Trust & Clearing Corporation (hereinafter "DTCC"), a US securities clearing and settlement organization. This group will provide feedback and conduct joint studies for DTCC's tokenization service for US securities, which is currently under preparation for launch, marking a significant milestone towards the widespread adoption of tokenized US stocks.
Alpaca will participate in this working group as a member involved in US securities clearing operations at DTCC. Alpaca aims to contribute to the evolution of the US capital market by leveraging its experience in operating tokenized US stock infrastructure. This is also an important step towards realizing our mission to "open financial services to everyone worldwide."
Last year, Alpaca launched the "Instant Tokenization Network," a new infrastructure that allows financial institutions to instantly exchange US stocks they hold for tokens (*2). By the end of 2025, Alpaca had achieved a 94% market share as an infrastructure layer supporting tokenized stocks and ETFs (*3), growing into an industry leader. Currently, Alpaca is expanding globally by forming partnerships with key companies involved in tokenized US stocks, such as Anchored, Dinari, Ondo Finance, and xStocks (Kraken) (*4).
DTCC holds over $114 trillion in assets, with US stocks accounting for $74.1 trillion (65%) of the total as of June 2025. DTCC's tokenization service is expected to begin with the following highly liquid asset classes:
- Russell 1000 constituents (1,000 large-cap US listed companies)
- Major US ETFs
- US Treasury bonds (short, medium, and long-term)
DTCC's tokenization service is scheduled to begin limited transactions in July 2026, with full operation expected in late 2026. Frank La Salla, President and CEO of DTCC, stated, "Tokenization will significantly transform market mechanisms and operations, bringing new levels of liquidity, transparency, and efficiency to investors." He also added that tokenized assets held at DTCC will have rights, investor protection, and ownership secured, similar to traditional assets.
As a DTCC clearing participant, Alpaca will collaborate with the working group to formulate best practices, promote industry readiness, and focus on providing infrastructure to support tokenized stocks. We will work with influential organizations like DTCC, which provides the world's largest financial infrastructure, to drive innovation and build global investment infrastructure standards.
Alpaca will participate in this working group as a member involved in US securities clearing operations at DTCC. Alpaca aims to contribute to the evolution of the US capital market by leveraging its experience in operating tokenized US stock infrastructure. This is also an important step towards realizing our mission to "open financial services to everyone worldwide."
Last year, Alpaca launched the "Instant Tokenization Network," a new infrastructure that allows financial institutions to instantly exchange US stocks they hold for tokens (*2). By the end of 2025, Alpaca had achieved a 94% market share as an infrastructure layer supporting tokenized stocks and ETFs (*3), growing into an industry leader. Currently, Alpaca is expanding globally by forming partnerships with key companies involved in tokenized US stocks, such as Anchored, Dinari, Ondo Finance, and xStocks (Kraken) (*4).
DTCC holds over $114 trillion in assets, with US stocks accounting for $74.1 trillion (65%) of the total as of June 2025. DTCC's tokenization service is expected to begin with the following highly liquid asset classes:
- Russell 1000 constituents (1,000 large-cap US listed companies)
- Major US ETFs
- US Treasury bonds (short, medium, and long-term)
DTCC's tokenization service is scheduled to begin limited transactions in July 2026, with full operation expected in late 2026. Frank La Salla, President and CEO of DTCC, stated, "Tokenization will significantly transform market mechanisms and operations, bringing new levels of liquidity, transparency, and efficiency to investors." He also added that tokenized assets held at DTCC will have rights, investor protection, and ownership secured, similar to traditional assets.
As a DTCC clearing participant, Alpaca will collaborate with the working group to formulate best practices, promote industry readiness, and focus on providing infrastructure to support tokenized stocks. We will work with influential organizations like DTCC, which provides the world's largest financial infrastructure, to drive innovation and build global investment infrastructure standards.