Wall Street's Clearinghouse DTCC Enlists Chainlink for Collateral Management

Wall Street's Clearinghouse DTCC Enlists Chainlink for Collateral Management​

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Wall Street's Clearinghouse DTCC Enlists Chainlink for Collateral Management​

DTCC recently said that more than 50 companies have joined a separate working group for its tokenized services platform, with a limited live-transaction test planned for July and a full launch scheduled for October—signaling that the organization's blockchain ambitions extend well beyond collateral alone.

The price of LINK, Chainlink's native token, is down more than 3% on the day to a recent price of $10.22, but has climbed 17% over the last month.

This article has been published in Decrypt via Yahoo News.

Wall Street's Clearinghouse DTCC Enlists Chainlink for Collateral Management

DTCC teams with Chainlink to enable round-the-clock collateral movement—a shift that could reshape post-trade finance.

finance.yahoo.com