DTCC Builds Blockchain Collateral System with Chainlink Integration
The Depository Trust & Clearing Corporation (DTCC) is developing a blockchain-based collateral management platform named Collateral AppChain, utilizing Chainlink's Runtime Environment (CRE) and data standards. The platform tokenizes assets and employs smart contracts for 24/7 automated collateral management, aiming to reduce delays and fragmentation in current systems where assets are often trapped across institutions and time zones. The system supports pricing, valuation, margining, collateral optimization, and settlement. This collaboration extends a 2024 pilot called Smart NAV, which tested bringing mutual fund net asset value data onto blockchains with participants including JPMorgan, Franklin Templeton, and BNY Mellon. DTCC has also engaged over 50 firms in a tokenization working group, with limited production trades planned for July 2026 and a full launch in October. The initiative highlights the growing institutional adoption of blockchain for core financial operations.
Key facts
- DTCC uses Chainlink infrastructure for blockchain-based collateral management.
- Platform tokenizes assets for 24/7 automated collateral movement.
- Built on Besu-based AppChain with smart contract workflows.
- Extends 2024 Smart NAV pilot with Chainlink and major banks.
- Over 50 firms join DTCC tokenization working group; launch by October.