US custodial trust and settlement company DTCC launches blockchain collateral platform
According to Coinjie.com, the US Custody Trust and Settlement Company (DTCC) officially launched a tokenized collateral management platform based on blockchain, which can achieve automated operations through smart contracts and improve cross-market transaction efficiency. The platform will debut at an April 23 industry event and promote global tokenized collateral standards.
DTCC executives say collateral liquidity is a "killer application" of blockchain that supports real-time transactions around the clock. This move marks the accelerated embrace of tokenization technology by traditional financial giants, and institutions such as BlackRock and Fidelity have also laid out in this field.