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Wall Street clearing giant DTCC said it plans to connect its tokenized securities platform to Stellar by 2027.
XLM, the native token of Stellar, rose as much as 20% on the news, with its trading volume rising alongside. According to CoinMarketCap data, Stellar (XLM)'s trading volume is up 927% in the last 24 hours to $934.99 million.
At the time of writing, XLM price was up nearly 17% in the last 24 hours to $0.172 and up 20% weekly. The price increase over the past day comes despite fresh selling pressure in the crypto market, with over $930 million liquidated.
$930 million was liquidated in crypto positions in the last 24 hours according to CoinGlass data, with long positions accounting for $870 million and short positions accounting for $59.29 million.
Stellar price jumps on Wall Street tokenization push
The Depository Trust & Clearing Corporation (DTCC), Wall Street's clearinghouse, said Wednesday it plans to connect its tokenized securities platform to the Stellar (XLM) network.
The partnership builds on the SEC No-Action Letter that DTC received in December 2025. The letter authorizes DTC to implement and operate a service that tokenizes real-world, DTC-custodied assets. Market participants will be able to leverage traditional assets in a digital ecosystem while retaining the same investor protections, entitlements, and safeguards consistent with those applicable to traditionally held securities.
This remains significant given that DTCC sits at the center of U.S. market infrastructure and oversees more than $114 trillion in assets and has emerged as one of the key traditional finance players pushing into tokenization.
Stellar price saw a significant rise on Wednesday shortly after the news emerged, rising from $0.146 to $0.17, and posting a large green daily candlestick. The rise broke through the daily MA 50, which had capped XLM price in recent weeks and continued into Thursday, with Stellar reaching an intraday high of $0.18, last seen since April 22.
Dan Burgin
