DTCC Launches AppChain: A New Platform for Tokenized Collateral Management

DTCC, a leading player in global financial market infrastructure, has unveiled AppChain, a platform that utilizes tokenization to streamline real-time collateral management. This initiative marks a significant step towards wider adoption of decentralized finance (DeFi) by institutions, according to a blog post published on Wednesday. The “Great Collateral Experiment”, featuring AppChain, is scheduled for April 23rd and promises to showcase the platform’s capabilities and potential impact on market efficiency.