PANews reported on May 12th that, according to CoinDesk, global settlement giant DTCC announced that its blockchain-based Collateral AppChain will integrate Chainlink infrastructure for key risk control processes such as collateral pricing, valuation, margin management, collateral optimization, and settlement. Based on the Besu blockchain, the platform tokenizes traditional asset collateral and uses smart contracts to achieve automated 24/7 collateral allocation and settlement across markets and time zones. Chainlink will provide the data and orchestration layer, connecting asset prices, valuations, and collateral movement, and verifying eligibility, margin, and settlement instructions. This collaboration continues the partnership's efforts to advance institutional-grade tokenization applications based on the 2024 Smart NAV pilot program. DTCC plans to launch the new tokenized service in October this year.