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This is an interview excerpt from a FINTECH program (recorded in the NYSE trading floor). The interviewee is Raja Chakravorti (Chief Business Officer, Stellar Development Foundation).
Female host:
…But I really want to hear about this collaboration.
Raja Chakravorti:
I’m very excited that we’ve announced this partnership.
It’s really interesting to be able to work closely with DTCC.
The scale of assets they handle is over four quadrillion dollars,
so their tokenization platform plans to launch in December 2025.
I think the most critical thing is to have clear regulatory and compliance guidance first.
And that’s precisely where we’ll be focusing a lot of our work to serve institutions at scale.
Raja emphasized that DTCC (the U.S. Depository Trust & Clearing Corporation, one of the core infrastructures of traditional finance) is partnering with Stellar to tokenize institution-level assets on-chain—a major step forward for the industry. The key is “regulatory and compliance clarity first,” which will bring immense value to the entire institutional market.#DTCC #Stellar