Zenith Joins DTC Digital Assets Solutions Industry Working Group Focused on  Institutional Tokenization

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Zenith Joins DTC Digital Assets Solutions Industry Working Group Focused on  Institutional Tokenization

Helsinki, Finland – 15 September 2026 

Zenith, the Ethereum-compatible execution layer for Canton Network, has joined the DTC Digital Assets Solutions Industry Working Group, a group of more than 100 firms from across traditional finance and digital markets that are helping shape industry readiness and provide input as the DTCC Tokenization Service continues to evolve.

As a Canton Network Tier-1 Super Validator and developer of Ethereum-compatible execution capabilities for Canton, Zenith brings experience in blockchain infrastructure and application development. Through its participation in the Working Group, Zenith will contribute its perspective alongside other market participants in discussions around tokenization and the future of digital financial market infrastructure.

DTCC’s subsidiary, the Depository Trust Company (DTC), provides custody and asset servicing for securities issues from more than 150 countries and territories valued at approximately $114 trillion. The working group has grown from an initial 50 firms to more than 100 banks, asset managers, exchanges, custodians, and digital asset infrastructure providers, including BlackRock, J.P. Morgan, Goldman Sachs, Citi, Nasdaq, NYSE, and Digital Asset, which are providing input and perspectives on the design and testing of a tokenization service covering Russell 1000 stocks, major ETFs, and U.S. Treasuries. In July, DTCC successfully converted assets held at DTC into tokens that were then used in real production trades, demonstrating the capabilities of the DTCC Tokenization Service and marking a significant milestone ahead of its targeted October 2026 launch.

Heslin Kim, Co-Founder and Chief Business Officer at Zenith, said: "As a member of the Digital Assets Solutions Working Group, Zenith looks forward to contributing its perspective on blockchain infrastructure and application development while collaborating with other market participants to support the advancement of tokenization, interoperability, and digital market innovation.” 

About DTCC

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 19 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2025, DTCC’s subsidiaries processed securities transactions valued at U.S. $4.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $114 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.

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