Stellar rips 15% as Wall Street picks XLM for tokenized securities

$XLM surged more than 14% on Wednesday after Wall Street's post-trade infrastructure giant announced it had selected the Stellar network as a public blockchain leg for its tokenized securities platform. The token traded at $0.1692 on 24-hour volume of $442 million, up 382%, while its market cap reached $5.67 billion. Technically, XLM broke above both its 20-day and 50-day exponential moving averages and cleared the $0.165 resistance level.

DTCC Picks Stellar for Tokenized Asset Settlement

The Depository Trust and Clearing Corporation, whose subsidiaries processed $4.7 quadrillion in securities transactions in 2025, plans to connect its tokenized securities platform to the Stellar network, expanding a broader effort by Wall Street firms to move traditional financial assets onto blockchain rails.

The company plans to begin limited production trades of tokenized assets in July, ahead of a wider rollout in October. DTC-tokenized assets are then expected to become available on the Stellar network in the first half of 2027. The integration will support issuance, settlement, and lifecycle management of blockchain-based versions of traditional securities.

The two firms plan to focus initially on highly liquid assets, including Russell 1000 constituents, major ETFs, and U.S. Treasuries. The effort builds on a no-action letter the SEC issued in December 2025, allowing DTCC to tokenize a defined set of assets including Russell 1000 stocks, ETFs, and Treasuries.

The @The_DTCC working group already includes BlackRock, Goldman Sachs, JPMorgan, and Ondo Finance. The deal reinforces DTCC's stated strategy of building across multiple Layer 1 and Layer 2 networks, with Stellar serving as the public chain component. The arrangement positions Stellar as a candidate for high-volume, regulated token issuance and settlement, with DTCC's selection criteria centering on compliance features, throughput capacity, and cost efficiency.

Stellar's Growing Role in Institutional Tokenization

The DTCC announcement adds institutional weight to a network that has quietly built one of the deeper real-world asset ecosystems in the industry. Major institutions including WisdomTree and Franklin Templeton have already adopted Stellar for tokenization. As of May 2025, Stellar ranked second among all blockchains for tokenized treasuries, with $483.2 million and a 6.8% market share, trailing only Ethereum.

Stellar is not alone in attracting Wall Street attention. Nasdaq is developing blockchain-based share infrastructure with Kraken parent Payward, while Intercontinental Exchange, owner of the NYSE, is backing tokenized securities initiatives tied to OKX. But Wednesday's announcement establishes @StellarOrg as the first public blockchain directly connected to DTCC's core settlement infrastructure, placing it at the center of how tokenized Wall Street could eventually operate.

Sources:
CoinDesk: DTCC taps Stellar for tokenized securities network
Stellar Development Foundation: DTC tokenization service plans to connect with Stellar
The Defiant: DTCC picks Stellar for tokenized securities rollout