DTCC: Collaborating with multiple high-performance L1 chains to put company activities on-chain.

CoinFeed reported on May 7th, citing CoinDesk, that Frank La Salla, CEO of DTCC (Depository Trust & Clearing Corporation), a major US clearing company, stated at the Consensus conference that DTCC is collaborating with multiple high-performance Layer 1 blockchain networks to migrate corporate actions such as dividend payments and takeover bids to on-chain. He pointed out that most blockchains currently process corporate actions in a manner that can take several days, while DTCC processes millions of dividend payments daily, requiring high-performance L1 support. La Salla stated that tokenized collateral and real-time dollar liquidity could become the first large-scale institutional application scenario for blockchain, but he also warned that blockchain systems still face significant challenges such as scalability, liquidity fragmentation, and risk management.