Real-world-asset network Plume has joined the DTCC Digital Assets Solutions Industry Working Group, placing the blockchain project alongside Charles Schwab, Nasdaq and Alpaca in a group set up to guide how traditional securities get tokenized under the Depository Trust & Clearing Corporation's new infrastructure. The group has now grown past 100 members and partner firms as it prepares for an October 2026 service launch.
DTCC's working group exists to gather industry feedback on the DTCC Tokenization Service and help test the operating standards needed to move conventional securities — the kind currently cleared and settled through DTCC's existing rails — into tokenized form. DTCC has said it plans to run initial, limited production trades of tokenized real-world assets in July 2026 ahead of the broader October rollout, meaning the working group's input is shaping infrastructure that's already moving toward live use rather than a distant roadmap item.
What Plume brings to the table
Plume will contribute technical input aimed at supporting the DTCC Tokenization Service's development, drawing on its own experience building infrastructure specifically for real-world asset issuance and settlement on-chain. For a DeFi-native project, sitting inside the same working group as Schwab and Nasdaq marks a notably different kind of institutional access than most blockchain projects secure — this isn't a partnership announcement or a pilot program, but a seat at the table shaping standards an entire industry will eventually operate under.
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Why DTCC's move matters for RWA tokenization broadly
DTCC sits at the center of American securities settlement, clearing the vast majority of equity and bond trades in the country. Its decision to build dedicated tokenization infrastructure — rather than leave the space entirely to crypto-native platforms — signals that regulated, institutional-grade tokenized securities are approaching production readiness rather than remaining a pilot-stage experiment. The working group's composition, mixing legacy finance names with a crypto-native network like Plume, suggests DTCC is deliberately building bridges to blockchain infrastructure providers rather than developing tokenization purely in-house.
The stakes for RWA-focused projects
Being embedded early in DTCC's standard-setting process gives Plume visibility into requirements that could become de facto industry norms once the October launch goes live, a potential edge over RWA competitors building without that same institutional access. Whether that translates into a durable advantage will depend on how DTCC's tokenization service actually gets adopted once it moves beyond its initial limited trades — and how much of the resulting infrastructure ends up open to any blockchain network versus favoring early working-group participants.
