🟩 GREEN LIGHT TO TOKENIZE $100 TRILLION 🟩 The SEC has given a no-action letter for DTC to proceed with tokenizing stocks, ETFs, and Treasuries on blockchain on December 11th, 2025. A defining moment for RWAs going mainstream. KEY FEATURES OF THE TOKENIZATION SERVICES Under the Preliminary Base Version of the DTCC Tokenization Services: •Eligible securities are limited to highly liquid assets, including securities in the Russell 1000 Index, certain exchange-traded funds tracking major security indices, and US Treasury bills, notes, and bonds (the Subject Securities). •Participation is voluntary and limited to DTC Participants. •A participating DTC Participant must register one or more wallet addresses for an approved blockchain wallet (each, a Registered Wallet on @CantonNetwork) with DTC for the purpose of holding tokens associated with the security entitlements. •Tokenization occurs after DTC debits the Subject Securities from a DTC Participant’s book-entry account at DTC and credits them to a Digital Omnibus Account, a single omnibus account maintained by DTC on its centralized ledger that reflects the sum of all tokens held in all Registered Wallets. •Tokens are associated with a DTC Participant’s security entitlements to the Subject Securities that have been moved from the DTC Participant’s book-entry account at DTC to the Digital Omnibus Account. While securities themselves are credited to the Digital Omnibus Account, the corresponding tokens may be transferred between Registered Wallets without further instruction to DTC. A DTC Participant may move securities back to its book-entry account by instructing DTC to de-tokenize the position, at which point the token is burned and the securities are re-credited to the DTC Participant’s book-entry account. •Transfers of tokens between Registered Wallets may occur 24/7, and DTC will monitor and record such transfers through LedgerScan, an off-chain system that scans approved blockchains and records token movements and Registered Wallet holdings in near real time. After taking into account the recording of the tokens or their transfer, LedgerScan constitutes DTC’s official books and records. •Tokens do not receive any collateral or settlement value for DTC risk management purposes. •DTC retains administrative control over the tokens, including the ability to mint, burn, or forcibly transfer tokens in limited circumstances to address erroneous entries, lost tokens, or malfeasance. •DTC Participants remain subject to applicable anti-money laundering and Know Your Customer compliance obligations, and DTC will independently perform Office of Foreign Assets Control (OFAC) sanctions screening on each Registered Wallet before permitting its use in the DTCC Tokenization Services. Zth.