PANews reported on May 4th that the Depository Trust & Clearing Corporation (DTCC) officially announced it will accelerate the development of its security tokenization service. It has formed an industry working group with over 50 financial institutions to jointly promote the construction of digital asset infrastructure. Participating institutions include banks, asset management firms, securities firms, trading platforms, and crypto-native companies, including BlackRock, JPMorgan Chase, Goldman Sachs, Citigroup, Morgan Stanley, Bank of America, Circle, Ripple Labs, and Payward (Kraken's parent company). According to the plan, the service is expected to conduct its first controlled production trading test in July 2026 and officially launch in October 2026. Initially supported assets include S&P 1000 constituent stocks, mainstream ETFs, and highly liquid assets such as US Treasury bonds.