Stellar Development Foundation CEO Denelle Dixon says institutional tokenization efforts are continuing even if US federal legislation like the “Clarity Act” does not advance. Dixon points to recent action by the Depository Trust & Clearing Corporation (DTCC), which has begun collaborating with the Stellar blockchain and is described as connecting its tokenized securities platform to Stellar. She characterizes the DTCC decision as a step toward greater institutional adoption of public blockchain infrastructure and as validation of infrastructure that has been built with institutional use cases in mind. At the same time, Dixon indicates that tokenization does not depend on the Clarity Act’s progress, suggesting that work and integration efforts can proceed regardless of legislative timelines. The reporting presents the DTCC–Stellar connection as a meaningful development in how institutional market infrastructure interacts with public blockchains, while framing the Clarity Act as supportive but not a prerequisite for continued deployment of tokenization capabilities.