DTCC
Post-trade market infrastructure tokenizing securities
About
The Depository Trust & Clearing Corporation (DTCC) is the central post-trade clearing and settlement infrastructure for US capital markets. It has launched a tokenized collateral platform and received SEC no-action relief to tokenize US securities including Treasuries, with plans to support distributions in stablecoins and tokenized deposits.
Key products
Chains
Related companies
JPMorgan
Largest US bank expanding digital-asset and reserve offerings
JPMorgan is the largest US bank, operating Kinexys (formerly Onyx) for blockchain settlement and its JPM Coin / deposit-token rails. It is competing to manage stablecoin reserve assets and provides banking and Treasury infrastructure relevant to issuers.
Anchorage Digital
First federally chartered crypto bank; stablecoin issuer and custodian
Anchorage Digital is the only federally chartered US crypto bank, providing qualified custody plus turnkey, federally regulated infrastructure for minting, redeeming and managing stablecoin issuance. It issues USDtb (with Ethena, reserves in BlackRock's BUIDL), acquired USDM issuer Mountain Protocol, and serves as a regulated issuance partner for stablecoin programs.
Ant Digital Technologies
Ant Group's blockchain arm for RWA tokenization-as-a-service
Ant Digital Technologies is the blockchain subsidiary of Ant Group, operating the AntChain platform and a full-stack DT Tokenization Suite for real-world asset issuance. It has tokenized over $8B in energy and infrastructure assets, launched the Anvita platform for AI-agent payments using stablecoins, and is pursuing stablecoin licenses in Hong Kong, Singapore and Luxembourg alongside a USDC integration with Circle.
Apollo Global Management
Asset manager bringing private credit on-chain for yield reserves
Apollo Global Management is a leading alternative asset manager whose tokenized fund (ACRED, via Securitize) and credit strategies are used as on-chain reserve and collateral assets, positioning it among institutional asset managers backing yield-bearing dollar products.
Bitbond
Tokenization technology and security token issuance
Bitbond is a German tokenization technology firm whose Token Tool lets issuers create and deploy compliant smart contracts and tokens (including ERC-1400 security tokens) across 11+ public blockchains with built-in issuer controls like clawback, transfer restrictions and KYC gating. It has served tokenized bonds, equity, funds, real estate and collectibles.
BitGo
Qualified custodian and digital asset infrastructure
BitGo is a pioneering institutional custodian with a long Bitcoin custody track record, operating OCC and state trust charters. It provides multisig and MPC custody, off-exchange settlement (Go Network), wallet infrastructure and stablecoin issuance (USDS via World Liberty / WBTC custody). BitGo completed the first crypto custodian IPO in January 2026.