The Depository Trust & Clearing Corporation (DTCC) has announced the launch of a new digital collateral management platform designed for institutional decentralized finance (DeFi) applications. This platform is built on the LFDT’s Besu blockchain and utilizes DTCC’s ComposerX framework, marking an industry-first initiative in real-time tokenized collateral management. The DTCC, which handles approximately $2.5 quadrillion annually, aims to enhance efficiency in collateral management across global markets through the integration of smart contracts and tokenized assets. Major financial entities, including BlackRock and Robinhood, are recognizing the potential of tokenization in transforming traditional finance, with projections suggesting that the crypto market could reach $100 trillion.