The Depository Trust & Clearing Corporation (DTCC) in the United States has launched a blockchain collateral platform

ChainCatcher News, the Depository Trust & Clearing Corporation (DTCC) has officially launched a blockchain-based tokenized collateral management platform, which automates operations through smart contracts to enhance cross-market trading efficiency. The platform will be showcased at an industry event on April 23 and will promote the establishment of global tokenized collateral standards.

DTCC executives stated that collateral liquidity is the "killer application" of blockchain, enabling real-time trading around the clock. This move signifies that traditional financial giants are accelerating their embrace of tokenization technology, with institutions like BlackRock and Fidelity also making strides in this area.