ME News reports that on May 12 (UTC+8), the Depository Trust & Clearing Corporation (DTCC) announced that its blockchain-based collateral management platform, Collateral AppChain, will integrate Chainlink infrastructure to enable round-the-clock, near-real-time collateral management and settlement in traditional financial markets. DTCC stated that the platform, built on the Besu blockchain, will leverage Chainlink’s Runtime Environment (CRE) and data standards to support asset pricing, valuation, margin calculation, collateral optimization, and settlement processes. Through asset tokenization and smart contract automation, the platform will facilitate real-time collateral movement across institutions, markets, and time zones. (Source: ChainCatcher)
DTCC Integrates Chainlink to Build an On-Chain Collateral System
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Summary
On-chain news broke on May 12 as DTCC announced that its Collateral AppChain will integrate Chainlink infrastructure to enable real-time collateral management and settlement. Built on the Besu blockchain, the platform will leverage Chainlink’s Runtime Environment and data standards for pricing, valuation, and margin calculations. It supports collateral optimization and settlement through tokenization and smart contracts. Blockchain news highlights DTCC’s initiative to enable cross-institutional, cross-market transfers using automated processes.
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