DTCC builds out blockchain-based collateral system with Chainlink integration

The platform tokenizes collateral on blockchain rails and uses smart contracts to enable 24/7 automated collateral management across financial markets. What to know : DTCC will use Chainlink for its blockchain-based Collateral AppChain to automate risk-management functions like pricing, valuation, and settlement. The platform tokenizes collateral on blockchain rails and uses smart contracts to enable 24/7 automated collateral management across financial markets. This collaboration follows the Smart NAV pilot with JPMorgan and BNY Mellon. DTCC plans a separate new tokenization service launch in October.