DTCC to release new tokenised real-time collateral platform
02 April 2025 US
Image: Mohammad/stock.adobe.com
The Depository Trust & Clearing Corporation (DTCC) has announced the release of a digital collateral management platform.
Alongside the post-trade market infrastructure, industry leaders will demo the new platform in a live event 鈥� 鈥楾he Great Collateral Experiment鈥� 鈥� on 23 April.
It is the first industry demonstration developed on DTCC鈥檚 digital ecosystem that launched last October, known as DTCC Digital Launchpad.
The new collateral management platform is an application on the DTCC AppChain, built atop LF Decentralized Trust鈥檚 Besu blockchain.
DTCC AppChain is designed to offer greater control over privacy, security, and data. The firm says it is giving participants a digital financial infrastructure to help navigate 鈥渢he fragmented data landscape鈥� that 鈥渟pans traditional and digital networks鈥�.
Using tokenised collateral management, the AppChain-based approach aims to increase the mobility and velocity of collateral movement globally; increase capital efficiencies and liquidity; and facilitate the convergence of traditional and digital assets.
Commenting on the announcement, Nadine Chakar, global head of DTCC Digital Assets, says: 鈥淥ur goal is to highlight how we can enable real-world, institutional-grade digital collateral market infrastructure.
鈥淭his platform is unique in that we鈥檝e created something that鈥檚 more open, flexible, dynamic, and comprehensive than any previous digital collateral initiative.鈥�
She indicates that this work 鈥渄oes not stop today鈥�, as DTCC plans to continue building on the collateral model and develop the standard for tokenised collateral across global jurisdictions.
Dan Doney, chief technology officer of DTCC Digital Assets, adds: 鈥淐ollateral mobility is the 鈥榢iller app鈥� for institutional use of blockchain 鈥� we鈥檝e pulled together a coalition of technologists and market participants to showcase how the speed and openness of this technology can safely and reliably unlock liquidity in traditional markets at scale.
鈥淏y using smart contracts to automate the full range of collateral operations, we enable complex trade execution across markets in real-time at any time, even in volatile conditions.鈥�
Alongside the post-trade market infrastructure, industry leaders will demo the new platform in a live event 鈥� 鈥楾he Great Collateral Experiment鈥� 鈥� on 23 April.
It is the first industry demonstration developed on DTCC鈥檚 digital ecosystem that launched last October, known as DTCC Digital Launchpad.
The new collateral management platform is an application on the DTCC AppChain, built atop LF Decentralized Trust鈥檚 Besu blockchain.
DTCC AppChain is designed to offer greater control over privacy, security, and data. The firm says it is giving participants a digital financial infrastructure to help navigate 鈥渢he fragmented data landscape鈥� that 鈥渟pans traditional and digital networks鈥�.
Using tokenised collateral management, the AppChain-based approach aims to increase the mobility and velocity of collateral movement globally; increase capital efficiencies and liquidity; and facilitate the convergence of traditional and digital assets.
Commenting on the announcement, Nadine Chakar, global head of DTCC Digital Assets, says: 鈥淥ur goal is to highlight how we can enable real-world, institutional-grade digital collateral market infrastructure.
鈥淭his platform is unique in that we鈥檝e created something that鈥檚 more open, flexible, dynamic, and comprehensive than any previous digital collateral initiative.鈥�
She indicates that this work 鈥渄oes not stop today鈥�, as DTCC plans to continue building on the collateral model and develop the standard for tokenised collateral across global jurisdictions.
Dan Doney, chief technology officer of DTCC Digital Assets, adds: 鈥淐ollateral mobility is the 鈥榢iller app鈥� for institutional use of blockchain 鈥� we鈥檝e pulled together a coalition of technologists and market participants to showcase how the speed and openness of this technology can safely and reliably unlock liquidity in traditional markets at scale.
鈥淏y using smart contracts to automate the full range of collateral operations, we enable complex trade execution across markets in real-time at any time, even in volatile conditions.鈥�
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