DTCC launches DTCC Digital Assets Solutions
31 March 2026 US
Image: AsmArif/stock.adobe.com
Following regulatory authorisation in December, The Depository Trust & Clearing Corporation (DTCC) has launched a new business line — DTCC Digital Assets Solutions — to tokenise real world DTC custodied assets.
According to DTCC, this step reflects growing client interest in tokenisation and builds upon the work of DTCC Digital Assets, which remains at the forefront of developing digital financial market infrastructure.
Together, the two businesses will partner to strengthen DTCC’s leadership role as a bridge between traditional market infrastructure and emerging digital asset ecosystems.
DTCC Digital Asset Solutions will sit within Clearing & Securities Services, which includes three clearing agency subsidiaries and is led by Brian Steele, and specifically under the firm’s Equities portfolio, led by Val Wotton.
It will be responsible for developing and driving DTCC’s strategy to tokenise DTC custodied assets. In doing so, it will create a wide range of innovative solutions that are connected to existing DTCC assets and services.
To ensure maximum impact, the business will leverage technology created by DTCC Digital Assets to deliver offerings that are integrated with DTCC’s existing infrastructure and risk framework.
Tom Sullivan, who has more than 20 years of experience in securities and banking with a focus on operations and innovation, will lead DTCC Digital Asset Solutions.
DTCC Digital Assets, under the leadership of Nadine Chakar, will continue its work with digital technologies and co-creating technology-driven platforms with the industry, building upon its previous work developing solutions such as DTCC ComposerX, DTCC LaunchPad, and Collateral AppChain in a Web3 digital ecosystem.
DTCC Digital Assets will also continue to focus on developing and enhancing its ComposerX platform in support of the industry, which will enable clients to leverage the same infrastructure used by DTCC.
To support the development of DTCC Digital Asset Solutions offerings and ensure close alignment with industry needs, the firm is establishing the Digital Assets Solutions Advisory Council, which will launch in the second quarter of 2026.
The council will primarily be composed of senior business leaders from client firms and will be focused on business level requirements, product prioritisation, and client readiness related specifically to DTCC Digital Assets Solutions offerings and DTC digital initiatives, including the new tokenisation service.
In the interim, the current Early User Working Group, which was formed late last year to focus on certain use cases, will continue to operate but will be folded under the new Digital Assets Solutions Advisory Council ahead of its first meeting at the end of April.
The mandate of the already-established Digital Assets Advisory Council, which is aligned to DTCC Digital Assets, will continue to focus broadly on digital asset infrastructure, innovation, and curating a Web3 ecosystem, while championing interoperability, partnerships, and standards across the industry. The two councils will collaborate closely to ensure strategic alignment.
According to DTCC, this step reflects growing client interest in tokenisation and builds upon the work of DTCC Digital Assets, which remains at the forefront of developing digital financial market infrastructure.
Together, the two businesses will partner to strengthen DTCC’s leadership role as a bridge between traditional market infrastructure and emerging digital asset ecosystems.
DTCC Digital Asset Solutions will sit within Clearing & Securities Services, which includes three clearing agency subsidiaries and is led by Brian Steele, and specifically under the firm’s Equities portfolio, led by Val Wotton.
It will be responsible for developing and driving DTCC’s strategy to tokenise DTC custodied assets. In doing so, it will create a wide range of innovative solutions that are connected to existing DTCC assets and services.
To ensure maximum impact, the business will leverage technology created by DTCC Digital Assets to deliver offerings that are integrated with DTCC’s existing infrastructure and risk framework.
Tom Sullivan, who has more than 20 years of experience in securities and banking with a focus on operations and innovation, will lead DTCC Digital Asset Solutions.
DTCC Digital Assets, under the leadership of Nadine Chakar, will continue its work with digital technologies and co-creating technology-driven platforms with the industry, building upon its previous work developing solutions such as DTCC ComposerX, DTCC LaunchPad, and Collateral AppChain in a Web3 digital ecosystem.
DTCC Digital Assets will also continue to focus on developing and enhancing its ComposerX platform in support of the industry, which will enable clients to leverage the same infrastructure used by DTCC.
To support the development of DTCC Digital Asset Solutions offerings and ensure close alignment with industry needs, the firm is establishing the Digital Assets Solutions Advisory Council, which will launch in the second quarter of 2026.
The council will primarily be composed of senior business leaders from client firms and will be focused on business level requirements, product prioritisation, and client readiness related specifically to DTCC Digital Assets Solutions offerings and DTC digital initiatives, including the new tokenisation service.
In the interim, the current Early User Working Group, which was formed late last year to focus on certain use cases, will continue to operate but will be folded under the new Digital Assets Solutions Advisory Council ahead of its first meeting at the end of April.
The mandate of the already-established Digital Assets Advisory Council, which is aligned to DTCC Digital Assets, will continue to focus broadly on digital asset infrastructure, innovation, and curating a Web3 ecosystem, while championing interoperability, partnerships, and standards across the industry. The two councils will collaborate closely to ensure strategic alignment.
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