Add as a preferred source on GoogleDTCC CTO Says Unnamed System Could Free Up $52 Trillion
Dan Doney linked the potential asset release to broader blockchain infrastructure discussions as DTCC and Chainlink plan a Collateral AppChain for Q1 2027.
Dan Doney, chief technology officer of the Depository Trust & Clearing Corporation (DTCC), said an unnamed system could free up about $52 trillion in assets as financial markets examine blockchain infrastructure.
The figure represents the potential scale of the proposed release. The system Doney referenced was not identified or described.
DTCC oversees clearing and settlement processes across financial markets. Blockchain discussions involving financial institutions have also focused on asset management, data integrity and broader integration with traditional financial infrastructure.
Chainlink provides data feeds for smart contracts across blockchains. Its work with DTCC includes a planned Collateral AppChain intended to support financial-market operations.
The planned DTCC-Chainlink Collateral AppChain is expected to launch in the first quarter of 2027. Market participants are watching for further institutional adoption and integration strategies.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.