DTC is a custodian firm based in New York, New York that the depository trust company (dtc) is the central securities depository subsidiary of dtcc, providing custody and book-entry settlement for the majority of us securities. acting as a registered clearing agency, dtc holds securities on behalf of participant banks and broker-dealers and enables electronic transfer of ownership. in december 2025 the sec issued a no-action letter granting dtc relief to offer a tokenization service for certain dtc-custodied assets, including russell 1000 constituents, index etfs and us treasury bills, bonds and notes. dtcc and digital asset announced a partnership to tokenize a subset of dtc-custodied us treasuries on the canton network. They serve clients in United States. DTC is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/dtc.