Frank La Salla, chief executive of the Depository Trust & Clearing Corporation (DTCC), said the clearing giant is working with multiple high-performance layer-1 blockchains to move corporate actions such as dividend payments and tender offers onchain. He said DTCC processes millions of dividend payments daily, underscoring the scale of the effort. La Salla added that DTCC plans to test its tokenized securities platform in July, with a broader rollout targeted for October, marking a more defined timeline for the initiative.