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 — ‘The Great Collateral Experiment’ — on 23 April.
It is the first industry demonstration developed on DTCC’s 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’s 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 “the fragmented data landscape” that “spans traditional and digital networks”.
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: “Our goal is to highlight how we can enable real-world, institutional-grade digital collateral market infrastructure.
“This platform is unique in that we’ve created something that’s more open, flexible, dynamic, and comprehensive than any previous digital collateral initiative.”
She indicates that this work “does not stop today”, 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: “Collateral mobility is the ‘killer app’ for institutional use of blockchain — we’ve 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.
“By 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.”
Alongside the post-trade market infrastructure, industry leaders will demo the new platform in a live event — ‘The Great Collateral Experiment’ — on 23 April.
It is the first industry demonstration developed on DTCC’s 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’s 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 “the fragmented data landscape” that “spans traditional and digital networks”.
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: “Our goal is to highlight how we can enable real-world, institutional-grade digital collateral market infrastructure.
“This platform is unique in that we’ve created something that’s more open, flexible, dynamic, and comprehensive than any previous digital collateral initiative.”
She indicates that this work “does not stop today”, 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: “Collateral mobility is the ‘killer app’ for institutional use of blockchain — we’ve 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.
“By 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.”
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