XLM price jumps 8% as Stellar and DTCC partner to bring tokenized securities on-chain

• Stellar and DTCC have partnered to bring tokenized securities on-chain.
• DTCC processed approximately $4.7 quadrillion in securities transactions last year.
• XLM price rose to above $0.16.

Stellar’s native token XLM rose more than 8% after the Depository Trust & Clearing Corporation (DTCC) announced plans to connect its tokenised securities platform to the Stellar blockchain.

The development comes as Bitcoin faces renewed downside pressure, and is being viewed as another sign of growing institutional interest in blockchain infrastructure built for real-world asset tokenisation.

Stellar and DTCC announce tokenization partnership

The DTCC, one of the world’s largest post-trade market infrastructure providers, said it will link its...