The U.S. Securities Depository Trust & Clearing Corporation integrates Chainlink to build an on-chain collateral system

The Depository Trust & Clearing Corporation (DTCC) announced that its blockchain-based collateral management platform, Collateral AppChain, will integrate Chainlink infrastructure to drive traditional financial markets towards 24/7, near real-time collateral management and settlement. DTCC stated that the platform is built on the Besu blockchain and will utilize Chainlink's Runtime Environment (CRE) and data standards to support asset pricing, valuation, margin calculation, collateral optimization, and settlement processes. The platform achieves real-time collateral movement across institutions, markets, and time zones through asset tokenization and smart contract automation.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.