DTCC's Nadine Chakar and Sergey Nazarov map out tokenization's next phase at Sibos 2026

At Sibos 2026, DTCC Managing Director Nadine Chakar and Chainlink co-founder Sergey Nazarov outlined the roadmap for institutional tokenization, emphasizing the necessity of interoperability, compliance, and scalability. The DTCC is preparing for the full launch of its DTC tokenization service in October 2026, following successful preliminary trades of tokenized US securities conducted in July 2026. This initiative is supported by a December 2025 SEC No-Action Letter, which provides a three-year regulatory framework for tokenizing DTC-custodied assets. Furthermore, the DTCC plans to introduce a Collateral AppChain in Q1 2027, which will utilize Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable near real-time collateral management across diverse blockchain environments. By focusing on robust infrastructure rather than speculative use cases, the DTCC aims to transition tokenization from pilot programs to a functional, round-the-clock market for equities. This development is significant as it integrates core US market infrastructure with blockchain-based interoperability solutions. The success of these upcoming launches will serve as a critical benchmark for the adoption of tokenized assets by major financial institutions.