DTCC will integrate Chainlink infrastructure into its tokenized collateral platform to support near real-time settlement.
Chainlink News
The Depository Trust & Clearing Corporation (DTCC) announced on May 12 that it will integrate Chainlink (LINK) infrastructure into its Collateral AppChain platform. The launch is scheduled for Q4 2026. The platform is built to support near real-time movement, valuation, and settlement of #tokenized collateral across financial markets and blockchain networks.
Chainlink's Runtime Environment will serve as the automation layer for the AppChain. It will handle eligibility checks, asset pricing, margining, collateral optimization, and settlement workflows. The integration also adopts Chainlink's data standard to pull pricing and collateral agreement data from across markets into a unified on-chain environment.
DTCC described the Collateral AppChain as shared infrastructure for custodians, triparty agents, and collateral managers. The organization currently holds $114 trillion in assets from more than 150 countries in custody. It processed $4.7 quadrillion in securities transactions in 2025.
"Tokenized Collateral" Demand Grows
Research cited in DTCC's announcement found that 52% of financial firms expect to manage live tokenized collateral by end of 2026. At the same time, 70% of investment banks, custodians, prime brokers, and asset managers report daily settlement matching and delivery failures tied to manual processes. The Collateral AppChain is designed to address those operational gaps.
Nadine Chakar, DTCC's managing director and global head of digital assets, said the goal is to enable 24/7, near real-time collateral management across global markets and blockchains. She said the Chainlink integration would bring on-chain asset prices, valuations, and collateral agreement data into one environment. She described it as a "transformative industry initiative."
The announcement builds on a 2024 pilot called Smart NAV, in which DTCC and Chainlink tested bringing mutual fund net asset value data onto blockchains. JPMorgan, BNY Mellon, and Franklin Templeton participated in that earlier project. The Collateral AppChain extends that work to live collateral workflows at an institutional scale.
DTCC separately confirmed that more than 50 firms have joined a working group for its broader tokenization services platform. That group includes BlackRock, Circle, Anchorage Digital and Fireblocks. A limited live-transaction test is planned for July 2026, with a full platform launch targeted for October 2026.
Wall Street's Broader Blockchain Push
DTCC's Collateral AppChain launch sits within a wider wave of market infrastructure moves into blockchain-based settlement. In March 2026, Intercontinental Exchange signed an agreement with Securitize to develop tokenized securities trading infrastructure. The US Securities and Exchange Commission also approved Nasdaq's proposal to pilot tokenized stocks and exchange-traded funds on traditional exchange infrastructure that same month. Tokenized stocks grew from roughly $511 million in on-chain value one year ago to more than $1.4 billion, according to data from RWA(dot)xyz, a gain of approximately 180%. LINK has risen 17% over the past month despite a 3% drop on May 12.
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