The Depository Trust & Clearing Corporation (DTCC) has announced a strategic partnership with Chainlink to integrate blockchain technology into its collateral management platform, Collateral AppChain. This initiative aims to modernize Wall Street's back-office systems by enabling near-real-time collateral management across global markets and blockchains. The platform, leveraging Chainlink's runtime environment and data standards, is set to launch in Q4 2026.
This collaboration builds on the Smart NAV project, a pilot initiative launched in 2024, and involves major financial institutions like JPMorgan Chase and BNY Mellon. By tokenizing collateral and utilizing smart contracts, DTCC aims to reduce delays and fragmentation in the current system, facilitating seamless collateral movement between traditional and blockchain networks. The integration of Chainlink's technology will support automated workflows and scalable data management, marking a significant step in DTCC's blockchain ambitions.
DTCC Partners with Chainlink to Revolutionize Collateral Management via Blockchain
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