Techub News reports that, according to CoinDesk, DTCC will adopt Chainlink infrastructure to build a blockchain collateral management platform, enabling 24/7 automated collateral management through tokenization and smart contracts. The platform is based on the Besu blockchain, utilizing Chainlink data standards to support core functions such as pricing, valuation, and settlement. This collaboration is an expansion following the 2024 Smart NAV pilot, which was previously participated in by JPMorgan and BNY Mellon. DTCC stated that this move aims to reduce the delays of traditional collateral systems, achieve near real-time cross-institutional collateral flows, and plans to launch new tokenization services in October this year.

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