DTCC Announces ComposerX

New York/London/Hong Kong/Singapore/Sydney/Tokyo/Abu Dhabi, February 4, 2025 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced ComposerX, a comprehensive suite of platforms designed to streamline token creation and settlement with the objective of accelerating digital asset adoption throughout the financial ecosystem.

ComposerX is a complete, end-to-end suite for managing digital assets through their full lifecycle – including issuance, distribution, servicing, and reporting. ComposerX provides powerful transaction, account and inventory management capabilities, scalable data management tools, and an open smart contract framework for tokenization that’s designed to automate complex financial processes and enable asset discoverability with reconcilable, self-describing data.

Meaningful adoption of digital assets goes beyond asset creation on a blockchain. Firms also require an on-chain framework for data management that powers business decisions, risk management, and reporting.

ComposerX has been designed to address this challenge and is comprised of three core platforms:

• ComposerX Capital Markets Platform (CMP) – Supports the entire token lifecycle management process, from investor onboarding, trading and transaction processing, corporate actions, and transfer agency activities. Capital Markets Platform emphasizes harmonization, innovation, and openness by being DLT-agnostic, and is available with a range of tokenization protocols. CMP enables flexibility and transparency by allowing integration with ComposerX’s other platforms, as well as with legacy systems.
• ComposerX also includes two new platforms, released today, to support various stages of the investment process:
  • ComposerX Factory – a tokenization engine with sophisticated data management capabilities. As an open tokenization framework, Factory automates the full data management process with a flexibility that was not previously possible, enhancing leading tokenization protocols like ERC-20, ERC-3643, and others with sophisticated data schema management. Factory allows firms to create “self-describing” smart tokens — that include verifiably accurate data schema that can be relied upon for discoverability and that unlock the reliable automation of business processes.
  • ComposerX LedgerScan – designed to monitor, report and consolidate token activity across the ecosystem. With LedgerScan, firms can track and manage tokens representing any asset from any source spanning any network, reconciling all activity across systems and integrating with legacy accounting and custodial models. LedgerScan is designed from the core for scale, flexibility, and performance as a tool to help institutions bridge traditional and digital infrastructure and to provide data transparency in near real-time.

“We’re excited to launch the ComposerX suite, which provides firms with the tools they need to usher in a new era of institutional DeFi,” said Nadine Chakar, Global Head of DTCC Digital Assets. “This is a milestone in DTCC’s journey to lead the industry toward the development of a digital financial markets ecosystem, where digital assets are treated with the same care afforded to traditional securities.”

“We look forward to continuing our work with the industry to build an open, secure and scalable financial markets infrastructure for the digital economy,” added Chakar.

ComposerX also uses patented technology from the Compliance Aware Token Framework (CATF) that powers all of DTCC Digital Assets’ offerings. CATF enables real-time enforcement of regulatory rules that are validated as transactions are executed. CATF helps clients automate complex multi-jurisdictional regulatory and transactional policies including for token issuance, distribution control and transaction operations, enabling efficient regulated asset tokenization.

The ComposerX suite builds upon DTCC’s ongoing ambitions to collaborate with our participants to build a digital financial market infrastructure.

Throughout 2025, DTCC plans to continue enhancing ComposerX, including adding functionality to Factory that enables composability of financial processes.

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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.