XLM price jumps as DTCC taps Stellar for Wall Street tokenisation push

Stellar's XLM token has posted one of the strongest rallies in the crypto market this week after the Depository Trust & Clearing Corporation (DTCC) confirmed plans to connect its upcoming tokenisation platform to the Stellar blockchain. XLM climbed more than 16% in 24 hours and traded around $0.171 on early Thursday. Over the past seven days, the token has recorded a 17.5% gain, while daily trading volume has surged to more than $771 million. DTCC plans tokenised equities, ETFs and treasuries on Stellar DTCC has revealed that its Digital Custody Trust (DTC) tokenisation service will integrate with Stellar as part of a broader multi-chain strategy aimed at bringing traditional financial assets onto blockchain networks.