DTCC’s tokenization service opens for commercial access on October 28. John Hallahan, Director of Business Solutions and Advisory (EMEA) at Fireblocks, confirmed the date in a video interview — the first public confirmation from a working group participant. He also noted that Fireblocks is coordinating launch readiness with several program participants, including Citadel. The service operates under a three-year SEC no-action letter secured in December 2025; on July 15, more than 30 firms already processed tokenized U.S. Treasuries and equities as collateral and repo instruments in production. The first phase covers 25 highly liquid instruments — U.S. Treasuries, major ETFs and large-cap Russell 1000 stocks — with tokens pegged 1:1 to the underlying securities, retaining CUSIP identifiers, while DTC remains the official registry owner.

Issuer resistance to OKXICE, the tokenized equity venue run by OKX and ICE, keeps widening. Updated notices dated October 26 show Intel, Oracle, IBM and IonQ formally objecting to having their shares tokenized, bringing the total to 26 issuers — about 37% of the originally proposed roster. Microsoft, Alphabet, Goldman Sachs and Wells Fargo objected earlier. The SEC’s innovation exemption lets public companies opt out of tokenized trading, and these issuers exercised that right.

Janus Henderson and Centrifuge have launched JQQQ, the first tokenized fund carrying an official Nasdaq license to track the Nasdaq-100 index, deployed on the Stellar network. The fund is issued by the manager itself — a direct contrast with unauthorized synthetic wrappers from third-party platforms. It is initially open to eligible non-U.S. professional investors with a minimum investment threshold. Janus Henderson’s on-chain product lines already hold more than $1 billion in assets, and JQQQ extends that platform into index equity exposure.

BlackRock signed a memorandum of understanding on October 27 with Japan’s SBI Holdings and blockchain developer Startale Group to explore connecting tokenized money market funds with JPYSC, a regulated yen-denominated stablecoin issued through SBI Shinsei Trust Bank under Japan’s trust-based stablecoin framework and developed with Startale. The three parties will study technological infrastructure, business and distribution opportunities, and regulatory requirements. No participating fund, blockchain or commercial launch date has been named.