DTCC Collaborates with Chainlink for Blockchain-Based Collateral Management

DTCC has announced its partnership with Chainlink to integrate its blockchain-based collateral management platform, Collateral AppChain. The platform aims to address the delays and fragmentation present in traditional collateral systems by tokenizing assets and automating workflows through smart contracts.

The integration of Chainlink's Runtime Environment (CRE) and data standard will support pricing, valuation, margining, collateral optimization, and settlement on the AppChain. This collaboration enables near real-time collateral movement across global markets and blockchains, reducing the need for manual processes and increasing efficiency.

DTCC's Managing Director and Global Head of Digital Assets, Nadine Chakar, stated that the goal is to enable 24/7, near real-time collateral management. Chainlink will provide the data and orchestration layer, connecting asset prices, valuations, and collateral movement while supporting checks on eligibility, margining, and settlement instructions.