DTCC said it will integrate Chainlink into its blockchain-based Collateral AppChain, with a production launch targeted for the fourth quarter of 2026. The platform is built to modernize collateral management through tokenization and distributed ledger technology, automating pricing, valuation, margin, and settlement workflows that are still handled manually across many institutions.
According to DTCC, the Collateral AppChain is intended to serve as shared infrastructure for custodians, collateral managers, triparty agents, providers, and receivers. The goal is to support near real-time movement of collateral across traditional financial markets and blockchain networks. That is a broad operational target. DTCC said Chainlink’s Runtime Environment and data infrastructure will bring asset pricing data and collateral agreement data into one unified on-chain environment.
Post-trade functions move into a unified on-chain system
DTCC said Chainlink Runtime Environment will coordinate several post-trade functions, including collateral eligibility checks, valuation, optimization, margining, and settlement. The company described the setup as a reusable framework that can replace isolated integrations and support multiple asset classes and data sources. Over time, DTCC expects the system to scale into additional collateral use cases and more blockchain-based settlement workflows.
Nadine Chakar, DTCC managing director and global head of digital assets, said the initiative is focused on enabling 24/7 collateral management through tokenization and distributed ledger technology. She said the use of Chainlink’s CRE and data standard would allow DTCC to deliver a unified on-chain environment. Chainlink co-founder Sergey Nazarov said the platform could help traditional finance automate collateral management workflows at institutional scale.
DTCC points to manual settlement frictions across the market
Research cited in DTCC’s announcement showed that 52% of financial firms expect to manage live tokenized collateral by the end of next year. At the same time, 70% of investment banks, custodians, prime brokers, and asset managers still face settlement mismatches tied to manual processes. DTCC said the Collateral AppChain is designed to cut those inefficiencies by automating collateral transfers and valuation updates across markets.
The announcement builds on DTCC’s earlier blockchain work. In 2024, DTCC and Chainlink completed the Smart NAV pilot, which tested bringing mutual fund net asset value data onto blockchain networks. DTCC also said that more than 50 firms have joined its broader tokenization services working group, including BlackRock, Circle, Anchorage Digital, and Fireblocks. Before the wider rollout, the company plans a limited live-transaction test in July 2026.