Huo Xing Cai Jing reports that on May 12, the Depository Trust & Clearing Corporation (DTCC) will integrate Chainlink infrastructure into its blockchain-based collateral management platform, further expanding their prior collaboration into one of Wall Street’s core risk management functions. DTCC stated that its AppChain will utilize Chainlink’s Runtime Environment (CRE) and data standards to support functions such as pricing, valuation, margin management, collateral optimization, and settlement. This AppChain is a blockchain platform built on Besu, designed to facilitate asset tokenization and enable real-time collateral management 24/7.
DTCC Expands Collateral Management System with Chainlink Integration
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Summary
On May 12, DTCC announced it will integrate Chainlink infrastructure into its blockchain-based collateral management platform, marking a major blockchain upgrade. The Collateral AppChain will leverage Chainlink’s Runtime Environment and data standards to support pricing, valuation, and settlement. Built on Besu, the AppChain enables 24/7 real-time collateral management and asset tokenization. This blockchain update highlights DTCC’s initiative to enhance efficiency and transparency in post-trade processes.
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