The Depository Trust & Clearing Corporation (DTCC) today announced a tokenized real-time collateral management platform, with plans for a live demonstration on April 23.
A key reason for the excitement around tokenized collateral is the ability to use a variety of assets for collateral for margin calls, with almost instant settlement. Usually collateral would be subject to conventional settlement timing, currently T+1 in the United States. It also allows many other types of intraday transactions that would otherwise take more than a day to settle.
There were some early movers in this sector, including JP Morgan’s Tokenized Collateral Network and HQLAᵡ in Europe.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
