DTCC and Chainlink Expand Blockchain Push in Finance Systems
The post DTCC and Chainlink Expand Blockchain Push in Finance Systems appeared on BitcoinEthereumNews.com. DTCC and Chainlink are building blockchain tools to modernize collateral and settlement systems. Kraken and Franklin Templeton are expanding tokenized investment products for institutional markets. Financial firms see tokenized assets as a faster and more efficient future for global finance. Major financial institutions are using more tokenized assets in post-trade and investment systems as blockchain becomes more common in traditional finance. DTCC, Chainlink, Kraken, and Franklin Templeton are developing systems for collateral management, trading, and asset tokenization. As per the announcement, the Depository Trust & Clearing Corporation will integrate Chainlink technology into its Collateral AppChain platform. The system focuses on improving collateral movement and risk management across global markets. DTCC also plans to use Chainlink’s Runtime Environment to link asset pri