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CryptoMediumUpdated×8•Originally published 4 May 2026•Updated 5 May 2026•

1 min read

Securitize Wins FINRA Approval for Tokenized Security Custody and On-Chain IPOs

Key Facts

1DTCC plans to pilot tokenized securities trading in July 2026.

2A full launch is scheduled for October 2026 to bring stocks, bonds, and ETFs onto blockchain rails.

Securitize has secured a major regulatory milestone with FINRA approval to custody tokenized securities and underwrite on-chain IPOs. Building on this momentum, State Street and Galaxy Digital have launched the SWEEP fund, identifying Solana as the initial launch network for liquidity management. In a significant expansion of the ecosystem, Ripple has officially joined a 50-firm initiative led by DTCC to advance tokenization efforts across $114 trillion in assets. This consortium utilizes Ripple Prime as a pivotal technical tool, with partners like Ondo and Circle collaborating on unified standards ahead of DTCC’s pilot launch in July. The initiative aims to create a robust framework for institutional-grade digital asset integration by bridging traditional finance and blockchain technology. These strategic partnerships signal a transformative shift in global market infrastructure, driven by both major Wall Street players and crypto innovators.

29 days ago

Version History

1 additional source confirmed this story

Version 829 days ago

What changed: The story was updated to confirm Ripple's official inclusion in a 50-firm consortium led by DTCC to advance asset tokenization.

Version 730 days ago

What changed: Added technical details regarding the blockchain networks (Solana, Stellar, Ethereum) and the specific role of Galaxy's infrastructure in yield generation.

Version 630 days ago

What changed: Added information regarding the launch of the SWEEP fund by State Street and Galaxy Digital for 24/7 liquidity management via stablecoins.

Version 530 days ago

What changed: Expansion of the partner list to include BlackRock, Goldman Sachs, JPMorgan, and Nasdaq, and the identification of Ripple Prime as a key technical tool.

Version 4about 1 month ago

What changed: Added details regarding the scale of the partnership involving 50 entities and the total value of assets under DTCC custody ($114 trillion).

Version 3about 1 month ago

What changed: The story was updated to include specific dates for DTCC's pilot (July) and scale-up (October), and to identify Ripple as a key strategic partner.

Version 2about 1 month ago

What changed: The story was updated to include DTCC's formation of a formal tokenization working group and the selection of Ondo and Circle to develop on-chain transfer standards.

Version 1about 1 month ago

What changed: The story was updated to focus on Securitize receiving immediate FINRA regulatory approvals, marking a concrete milestone beyond DTCC's future infrastructure plans.