Edel Expands Institutional Push as Wall Street Tokenization Matures
New York, USA, September 17th, 2026, Chainwire
Edel announced an expanded institutional push for its tokenized equity and commodity markets on Canton, led by board member Brad Klaas. As part of that effort, Edel has joined the DTC Digital Assets Solutions Industry Working Group, convened to provide feedback on the creation of the DTCC Tokenization Service, which is expected to launch in Q4 2026.
Edel will contribute to this work alongside more than 100 other members, including NYSE, BlackRock, Goldman Sachs, JPMorgan and Citadel Securities.
Edel’s Institutional Strategy
Edel’s participation in the working group forms part of its broader institutional strategy for tokenized equity and commodity markets on Canton.
Brad Klaas’s Institutional Experience
Klaas’s institutional background is central to Edel’s participation in these discussions. Early in his career, Klaas ran global securities-lending operations at Wells Fargo Investment Advisors, the business that became Barclays Global Investors and was later acquired by BlackRock. He says he scaled those operations from just over $1 billion to nearly $40 billion before leaving in 1998, during a period when the firm’s assets under management grew from roughly $400 billion to $1.2 trillion. He went on to build businesses in prime brokerage and electronic trading, and later spent more than four years at Franklin Templeton working on institutional tokenized collateral products and partnerships. His experience spans both the machinery that puts institutional portfolios to work and the effort to bring those functions onchain.
As a board member, Klaas's remit spans institutional strategy, senior industry relationships and shaping how Edel's markets for tokenized equities and commodities on Canton serve institutional participants. He brings the team into conversations with decision makers across traditional finance, while helping translate their commercial and operating requirements into the markets Edel is building.
Discussing traditional securities finance with Andrés Soltermann, CEO and co-founder of Edel, he describes “very old systems all lined up in a particular way.”
Canton gives that institutional discussion a practical dimension: qualifying applications can earn Canton Coin rewards for the economic activity they bring to the network.
Edel Explores Tokenized Collateral
Edel is exploring one application of that idea: whether securities tokenized by DTC could be recognized directly as margin within Edel Markets.
Its immediate focus is perpetual futures on Canton. The broader ambition is to build capital-markets infrastructure that makes tokenized assets more productive, improving how they move, support positions and serve the institutions holding them.
If the necessary arrangements can be established, an institution might be able to post an eligible security rather than sell it or raise separate cash to fund margin.
Recognition as margin, however, requires more than a token that can move. The receiving market has to accept the asset, value it appropriately and establish what happens if the position deteriorates or the counterparty defaults. Custody, permissions and enforceable rights remain part of the transaction.
DTCC’s wider interest in tokenized collateral gives that discussion a broader context.
Edel's seat in the DTC Digital Assets Solutions Industry Working Group places it inside that discussion as the Tokenization Service takes shape.
About Edel
Edel is building infrastructure for tokenized equity markets, connecting assets, liquidity, exposure, execution, participation, and institutional financial environments into one programmable market system. More information is available on Edel's Website and X.
Contact
Edel Finance
pr@myriadhaus.com