DTCC Bolsters Blockchain-Based Collateral Management with Chainlink Partnership

The Depository Trust & Clearing Corporation (DTCC) has strengthened its blockchain-based collateral management platform through a partnership with Chainlink. This collaboration marks the next step in DTCC's efforts to modernize collateral mobility using tokenization and distributed ledger technology.

DTCC's Collateral AppChain, which facilitates tokenization of assets and real-time 24/7 collateral management, will utilize Chainlink's Runtime Environment (CRE) and data standard. This integration is expected to support pricing, valuation, margining, collateral optimization, and settlement functions.

The goal of the platform is to reduce delays and fragmentation in today's collateral systems by enabling near real-time collateral movement across both traditional financial markets and blockchain networks.