DTCC and Chainlink partner to launch blockchain collateral management platform
Global settlement giant DTCC announced that its blockchain-based Collateral AppChain will integrate Chainlink infrastructure for key risk control processes such as collateral pricing, valuation, margin management, collateral optimization, and settlement. Based on the Besu blockchain, the platform tokenizes traditional asset collateral and uses smart contracts to achieve automated collateral allocation and settlement across markets and time zones, 24/7. Chainlink will provide the data and orchestration layer, connecting asset prices, valuations, and collateral movement, and verifying eligibility, margin, and settlement instructions. This collaboration builds on the Smart NAV pilot project in 2024 to advance institutional-grade tokenization applications, with DTCC planning to launch the new tokenized service in October this year.