XLM Surges 8.26% After DTCC and Stellar Foundation Announce Tokenization Partnership

According to DTCC and the Stellar Development Foundation, Stellar (XLM) surged 8.26% to $0.1600 on May 28 after the two organizations announced plans to connect the Depository Trust & Clearing Corporation's tokenization service with the Stellar public blockchain. The DTC-tokenized assets are expected to launch in the first half of 2027 as part of DTCC's multi-chain strategy for tokenized real-world assets.

XLM's market capitalization rose 8.3% to approximately $5.37 billion, while 24-hour trading volume jumped 244.31% to $308.85 million. DTCC and the Stellar Development Foundation said the integration aims to enable faster settlement, greater asset mobility, and lower operational costs while maintaining existing investor protections. Eligible asset classes under evaluation include Russell 1000 constituents, ETFs tracking major indexes, and U.S. Treasury instruments.