“They settle $4.7 quadrillion in securities transactions per year, making it by far the highest financial value processor in the world.”
Yes, quadrillion anon.
ethereum:0x514910771af9ca656af840dff83e8264ecf986ca
Today we announced progress toward our goal of advancing 24/7 collateral mobility. DTCC’s Collateral AppChain, a shared infrastructure platform for collateral, will leverage the Chainlink Runtime Environment (CRE) and @chainlink data standard to enable near real-time collateral management across financial markets and blockchains.
The integration will enable the seamless pairing of asset prices, valuations, and movement, with the aim of overhauling how market risk is managed globally and unlock greater capital efficiency.
This milestone reflects our broader vision to enable 24/7, near real-time collateral management across the global financial system.
Read the full announcement: https://t.co/ELVio44scA
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Tokenization is an $867 trillion opportunity.
Only one platform has been adopted by Swift, Euroclear, UBS, Mastercard, and other leaders to power tokenization use cases—all in the past 12 months.
Almost all assets today exist off-chain, but investors get more features when they are brought on-chain.
Grayscale Research breaks down how @chainlink $LINK bridges traditional markets and blockchain infrastructure.
https://t.co/YETM0xxLKV