# DTCC

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The infrastructure layer of traditional finance just took its most concrete step on-chain. DTCC, the backbone of Wall Street's post-trade plumbing, has officially partnered with Chainlink to build its new Collateral AppChain .
This is not a minor pilot. DTCC processed an astonishing $4.7 quadrillion in securities transactions last year and custodies roughly $114 trillion in liquid assets . When an institution of this size moves beyond experimentation into a planned production launch, the signal carries weight.
The Collateral AppChain will leverage the Chainlink R
LINK-6.24%
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