Guavy AI Editorial TeamSentiment: 3Clout: 30

DTCC Expands Blockchain-Based Collateral Platform with Chainlink

DTCC, a U.S. clearinghouse, has announced plans to expand its blockchain-based collateral management platform, Collateral AppChain. The platform will utilize Chainlink infrastructure to enable real-time collateral transfers and automated collateral management through tokenized assets and smart contracts.

Collateral AppChain is designed to automate various functions such as asset pricing, valuation, margin management, collateral optimization, and settlement. By leveraging Chainlink's data-standard technology and Runtime Environment (CRE), the platform aims to create an effectively real-time collateral transfer system linking traditional financial markets with blockchain networks.

The partnership between DTCC and Chainlink extends their previous collaboration on the Smart NAV pilot, which tested linking fund net asset value data to blockchains. The new partnership is expected to increase demand for tokenized asset connectivity and real-time collateral transfers, strengthening Chainlink's role in data and orchestration.