Firms anticipate DTC-tokenized assets available on the Stellar network during the 1H27
NEW YORK and LONDON and HONG KONG and SINGAPORE and SYDNEY, May 27, 2026 /PRNewswire/ -- The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and the Stellar Development Foundation (SDF) today announced plans to enable the tokenization of The Depository Trust Company (DTC) custodied assets on the Stellar network, a configurable and public blockchain used across securities, payment, and remittance applications.
The connection with Stellar advances DTCC's standards-driven, multi-chain strategy following receipt of a No-Action Letter from the U.S. Securities and Exchange Commission (SEC) in December 2025 authorizing DTC to implement and operate a new service to tokenize real-world, DTC-custodied assets, which will enable market participants to leverage traditional assets in a digital ecosystem with opportunities for faster settlement, greater asset mobility, extended trading hours, and lower cost and risk. DTC-tokenized assets will have the same investor protections, entitlements and safeguards as traditionally held securities.
Stellar Connectivity
DTCC and SDF expect DTC-tokenized assets to be available on the Stellar network in the first half of 2027. This integration will support rapid conversion of traditional assets into tokenized form and the full asset lifecycle, including relevant corporate actions and reporting.
"This collaboration represents another step forward in DTCC's efforts to build an open, interoperable digital infrastructure that bridges traditional and digital markets," said Frank La Salla, President and Chief Executive Officer of DTCC. "We are committed to expanding opportunities for market participants to utilize tokenized assets to access deeper liquidity, achieve greater efficiency and increase transparency on a public blockchain, while retaining the same investor protections and safeguards participants are used to today for traditionally held assets at DTC. Tokenization can enable new levels of transaction and capital efficiency, observability and collateral mobility as well as support extended trading hours."
"DTCC is the backbone of global capital markets, and integrating their tokenization service with Stellar connects public blockchain networks to regulated market infrastructure," said Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation. "Stellar's proven compliance-minded architecture, open infrastructure and risk management capabilities are aligned with market demands and expectations. Our network was built for this moment – we have always believed that blockchain's utility for finance is to be the rail that institutional-grade markets can depend on."
In the interim, DTCC and SDF will collaborate to evaluate tokenization use cases for eligible asset classes, including opportunities to tokenize highly liquid assets such as constituents of the Russell 1000, ETFs tracking major indices, and U.S. Treasury bills, bonds, and notes, consistent with DTC's regulatory obligations.
"DTCC is focused on unlocking opportunities to drive tokenization safely, fairly and at scale to help market participants improve capital efficiency, liquidity and resilience across global markets within a trusted, regulated framework," said Brian Steele, DTCC Managing Director, President of Clearing & Securities Services. "We are leveraging our 50+ years of expertise in clearing and settlement to galvanize the industry and foster collaboration across a wide cross-section of market players to enable tokenization of real-world assets."
"We're developing and expanding the Web3 ecosystem by creating a truly interoperable tokenization service to connect traditional market liquidity with digital rails," said Nadine Chakar, DTCC Managing Director, Global Head of DTCC Digital Assets. "Stellar's proven track record with institutional assets onchain is an important factor in our evaluation of blockchain networks. Its emphasis on compliance, transaction throughput and low-cost operations meets our rigorous standards and will help ensure we're ready for growth as usage of blockchain networks for real-world assets transactions increases. We are excited to integrate multiple L1 and L2 networks to ensure interoperability and open access for users of the DTC tokenization service."
About DTCC
With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 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.
Stellar Development Foundation
The Stellar Development Foundation (SDF) is a non-profit organization focused on working with and supporting changemakers to create equitable access to the global financial system through blockchain technology. SDF provides grants, investments, funding, and other awards to builders and organizations. SDF also develops resources and tooling on the Stellar network to help unlock real world utility. As a nonprofit foundation, SDF puts the health of the Stellar network and the Stellar ecosystem and its mission above all else. For more information, visit https://stellar.org/foundation.
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DTC's Tokenization Service to Connect with Stellar Public Blockchain as DTC Advances its Multi-Chain Strategy
- Robotic LiDAR volumes surged 1,458.8% year-on-year to 185,500 units in Q1 2026, accounting for approximately 56% of total shipments.
- Total LiDAR shipments reached a record 330,300 units, up approximately 204.1% year-on-year.
- Revenue reached RMB458.8 million, up approximately 39.9% year-on-year.
- ADAS order backlog exceeded 9 million units.
SHENZHEN, China, May 27, 2026 /PRNewswire/ -- RoboSense Technology Co., Ltd. ("RoboSense" or the "Company"; Stock Code: 2498.HK), an AI-driven robotics technology company, today announced its financial results for the first quarter of 2026, delivering a landmark quarter in which the robotics business surpassed 50% of total LiDAR shipments for the first time in the Company's history. Building on the momentum of its first-ever profitable quarter in Q4 2025, RoboSense enters 2026 with strong operational confidence. The Company's dual-engine strategy across ADAS and robotics continues to drive growth, with the robotics segment emerging as the primary growth engine.
Q1 2026 Financial Highlights
In the first quarter of 2026, RoboSense delivered strong top-line growth driven by the continued acceleration of its robotics and ADAS businesses.
- Total LiDAR shipments: 330,300 units, up approximately 204.1% year-on-year.
- Robotic LiDAR shipments: 185,500 units, up significantly 1,458.8% year-on-year, representing approximately 56% of total shipments.
- Revenue: RMB458.8 million, up approximately 39.9% year-on-year.
- Order backlog: Over 9 million units for ADAS.
SHENZHEN, China, May 27, 2026 /PRNewswire/ -- RoboSense Technology Co., Ltd. ("RoboSense" or the "Company"; Stock Code: 2498.HK), an AI-driven robotics technology company, today announced its financial results for the first quarter of 2026, delivering a landmark quarter in which the robotics business surpassed 50% of total LiDAR shipments for the first time in the Company's history. Building on the momentum of its first-ever profitable quarter in Q4 2025, RoboSense enters 2026 with strong operational confidence. The Company's dual-engine strategy across ADAS and robotics continues to drive growth, with the robotics segment emerging as the primary growth engine.
Q1 2026 Financial Highlights
In the first quarter of 2026, RoboSense delivered strong top-line growth driven by the continued acceleration of its robotics and ADAS businesses.
For the very first time, robotics LiDAR sales surpassed ADAS shipments in a single quarter, marking a structural inflection point in the Company's revenue mix. This shift reflects the accelerating commercial adoption of intelligent robotics across a broad range of sectors and underscores RoboSense's strengthening position as the perception backbone of the global robotics industry.
Robotics Business: Sustained No. 1 Across Key Segments
RoboSense maintained its leadership position across five major robotics segments in Q1 2026: robotic lawnmowers, autonomous delivery, humanoid robots, embodied AI, and commercial cleaning robots.
In May 2026, RoboSense ranked No. 1 in GGII's (Gaogong Robot Industry Research Institute) Q1 2026 global 3D LiDAR shipment ranking for robotics.
- Robotic Lawnmowers: Emerging as the fastest-growing robotics category entering 2026, the robotic lawnmower segment saw significant expansion. In May, RoboSense deepened its partnership with Roborock to jointly accelerate the large-scale global commercialization of robotic mowers. The Company also reinforced its collaboration with Willand (Segway Navimow), which named RoboSense its 2026–2027 Strategic Partner and honored it with the 2025–2026 Outstanding Supplier Award. RoboSense supplies its fully solid-state digital LiDAR across multiple Navimow product lines, alongside an ongoing strategic partnership with Mammotion Technology.
- Unmanned Autonomous Delivery: Digital LiDAR solutions from RoboSense have now been adopted by over 90% of leading unmanned delivery vehicle companies, including Neolix, Zelos, Rino.ai, JD.com, Meituan, and Coco Robotics, cementing the Company's role as the de facto perception standard for autonomous logistics.
- Embodied AI and Humanoid Robotics: RoboSense has partnered with nearly 50 top-tier humanoid and quadruped robot companies. In May, the Company was listed in Morgan Stanley's Humanoid 100 and China humanoid value chain mapping, as the only LiDAR-focused firm appearing in both lists.
- Commercial Cleaning Robots: RoboSense leads the commercial cleaning robot segment with a 71% market share across more than 60 key customers, according to YanZhi Robot's recent research. In March, Pudu Robotics launched the world's first AI-native large scrubber-dryer robot, equipped with RoboSense's hemispherical digital LiDAR Airy.
- Active Camera Moves to Mass Production: RoboSense has received a large-scale order from a leading European humanoid robotics company for its new Active Camera solutions, robot vision products built for mobility and dexterous manipulation. Mass production and delivery are set for 2026. The order marks RoboSense's shift from market validation to commercial-scale deployment amid the rising wave of Physical AI.
ADAS Business: Foundation Solidifies with Industry-Leading Pipeline
As of the first quarter of 2026, the Company has accumulated design wins for 177 vehicle models across 36 automotive brands and Tier-1 partners, while successfully achieving Start of Production (SOP) for 69 models. Driven by this sustained momentum, RoboSense's automotive ADAS order backlog has exceeded 9 million units, anchoring a highly predictable growth runway with premier domestic and global automotive leaders — including BYD, Geely, IM Motors, and the Chinese joint ventures of Toyota, Nissan, Volkswagen and General Motors. Furthermore, in this quarter, RoboSense officially deepened its industrial ecosystem by being recognized as the 2026 Strategic Partner of Geely Group.
RoboSense will continue to focus on its "ADAS + Robotics" dual-engine strategy. Powered by its core technologies, including proprietary SPAD-SoC chips, the Company is driving the industry's transition toward next-generation digital LiDAR solutions. By empowering a diverse range of applications across both robotics and intelligent automotive sectors, RoboSense is well-positioned to further solidify its leadership in the era of Physical AI.
About RoboSense
RoboSense (02498 HKEX) is an AI-driven robotics company. Leveraging its full-stack, in-house developed digital chips and a robust AI technology system, the company provides core robotic components, perception systems, and manipulation solutions across a wide range of industries, including autonomous passenger and commercial vehicles, Robotaxi, as well as robotics applications in autonomous logistics, robotic lawn mowers, and humanoid robots.
Founded in 2014 and headquartered in Shenzhen, China, RoboSense has grown to a team of over 1,800 employees. The company maintains a strong global footprint, with offices spanning Shanghai, Suzhou, and Hong Kong in China, as well as Stuttgart, Germany, and Detroit and Silicon Valley in the United States.
As a global leader in the LiDAR industry, RoboSense has partnered with over 310 automotive brands and Tier-1 suppliers. In the robotics sector, it is the preferred solution provider for autonomous logistics, robotic lawn mowers, humanoid robots, and other pan-robotics applications, serving more than 3,400 clients worldwide. In 2025, the company ranked top 1 in LiDAR market share in the robotics sector. Building on its globally leading perception capabilities, RoboSense has extended its technology into robotic manipulation, launching robotic vision systems, dexterous hands, and hand-eye coordination solutions, driving the large-scale commercialization in the era of Physical AI.
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RoboSense Asserts Global Dominance in LiDAR for Robotics with 1,458.8% YoY Shipment Surge in Q1 2026
