Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Stability World AI and Web3 decision unite to reform the confidence in decentralized ecosystems

2025-05-11

NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

2025-05-11

.Dao: the domain for decentralized communities and administration

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Stability World AI and Web3 decision unite to reform the confidence in decentralized ecosystems

    2025-05-11

    DAC and Origo Partner to transform health care via Web3 Innovation

    2025-05-11

    Tether to make non-right wallet template: Details

    2025-05-11

    Map -Protocol reveals revolutionary interoperability between Bitcoin and Solana networks

    2025-05-11

    DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

    2025-05-11
  • NFT

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP has to close above these price levels to make Beararish forecast invalid

    2025-05-11

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»DTCC and Chainlink Complete Pilot to Accelerate Fund Tokenization with Participation from JPMorgan, Templeton and BNY Mellon
Blockchain

DTCC and Chainlink Complete Pilot to Accelerate Fund Tokenization with Participation from JPMorgan, Templeton and BNY Mellon

2024-05-19No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, completed a pilot project with blockchain oracle Chainlink (LINK) and several major US financial institutions, aiming to help accelerate the tokenization of funds, according to a report published Thursday by DTCC.

The goal of the project called Smart NAV was to establish a standardized process to bring and distribute data on the net asset value (NAV) of funds across virtually any private or public blockchain using Chainlink’s interoperability protocol CCIP. Market participants included American Century Investments, BNY Mellon, Edward Jones, Franklin Templeton, Invesco, JPMorgan, MFS Investment Management, Mid Atlantic Trust, State Street and US Bank.

By completing the pilot, DTCC discovered that by delivering structured data on-chain and creating standard roles and processes, fundamental data could be embedded into a wide range of on-chain use cases, such as tokenized funds and smart contracts for ‘bulk consumers’ . These are contracts that contain data for multiple funds,” the report said.

Read more: Why asset tokenization is inevitable

The pilot took place as tokenization of real-world assets (RWA), such as bonds, funds and other traditional investments, has become one of the most popular use cases for blockchain technology. Several financial heavyweights such as BlackRock, Citi and HSBC have thrown their hat into the ring, pursuing benefits such as operational efficiency, faster settlements and greater transparency compared to using traditional financial plumbing.

Source link

See also  Bitcoin and Ethereum - users enjoy minimal reimbursements
accelerate BNY Chainlink Complete DTCC Fund JPMorgan Mellon participation Pilot Templeton Tokenization
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stability World AI and Web3 decision unite to reform the confidence in decentralized ecosystems

2025-05-11

DAC and Origo Partner to transform health care via Web3 Innovation

2025-05-11

Asset Management Giant BlackRock held a meeting with SEC to discuss Crypto institution, tokenization and more

2025-05-11

Tether to make non-right wallet template: Details

2025-05-11
Add A Comment

Comments are closed.

Top Posts

Will Bitcoin be affected as tensions rise in the Middle East?

2024-10-03

Pixelport Launches Testnet for Cross-Chain NFT Trading and Fractionalization Powered by Analog

2025-01-06

Fidelity’s Timmer: Bitcoin Wallet Growth Stalls – A warning for crypto -adoption?

2025-03-26
Editors Picks

Venture Capitalist Issues BTC Warning, Says Spot Bitcoin ETF Approval Is An Event That Will Fade – Here’s Why

2023-12-07

South Korean web3 K-pop agency Modhaus raises $8 million in Series A round

2023-11-14

China, Vietnam, Belgium TAP blockchain for innovative solutions

2025-04-10

Binance is struggling to gain a foothold as regulatory pressure escalates

2023-09-27
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Stability World AI and Web3 decision unite to reform the confidence in decentralized ecosystems

NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

.Dao: the domain for decentralized communities and administration

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,024.71-0.61%
  • ethereumEthereum(ETH)$2,510.65-2.92%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.37-4.06%
  • binancecoinBNB(BNB)$650.53-1.90%
  • solanaSolana(SOL)$172.85-2.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.231456-6.72%
  • cardanoCardano(ADA)$0.80-4.18%
  • tronTRON(TRX)$0.264887-0.29%
  • suiSui(SUI)$4.01-2.34%
  • chainlinkChainlink(LINK)$17.05-1.78%
  • avalanche-2Avalanche(AVAX)$24.76-4.52%
  • stellarStellar(XLM)$0.306157-4.29%
  • shiba-inuShiba Inu(SHIB)$0.000016-6.02%
  • hedera-hashgraphHedera(HBAR)$0.206271-5.86%
  • the-open-networkToncoin(TON)$3.41-2.43%
  • hyperliquidHyperliquid(HYPE)$24.87-4.85%
  • bitcoin-cashBitcoin Cash(BCH)$408.05-5.24%
  • polkadotPolkadot(DOT)$5.09-3.88%
  • piPi(PI)$1.1242.91%
  • unus-sed-leoUNUS SED LEO(LEO)$8.341.12%
  • litecoinLitecoin(LTC)$99.93-4.86%
  • moneroMonero(XMR)$332.502.04%
  • pepePepe(PEPE)$0.000014-1.37%
  • bitget-tokenBitget Token(BGB)$4.87-1.96%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.93-6.58%
  • bittensorBittensor(TAO)$457.35-1.53%
  • nearNEAR Protocol(NEAR)$3.14-6.47%
  • aptosAptos(APT)$5.88-3.05%
  • aaveAave(AAVE)$220.57-3.60%
  • okbOKB(OKB)$55.06-1.22%
  • ondo-financeOndo(ONDO)$1.04-6.15%
  • internet-computerInternet Computer(ICP)$5.77-1.19%
  • kaspaKaspa(KAS)$0.1166956.00%
  • ethereum-classicEthereum Classic(ETC)$19.94-3.83%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.71-7.68%
  • mantleMantle(MNT)$0.801.60%
  • render-tokenRender(RENDER)$5.20-5.03%
  • gatechain-tokenGateToken(GT)$21.87-2.62%
  • vechainVeChain(VET)$0.031207-3.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.254742-7.21%
  • crypto-com-chainCronos(CRO)$0.098443-6.09%
  • ethenaEthena(ENA)$0.406513-2.46%
  • arbitrumArbitrum(ARB)$0.451318-7.31%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • filecoinFilecoin(FIL)$3.14-3.20%
  • cosmosCosmos(ATOM)$5.31-1.23%
  • bitcoinBitcoin(BTC)$104,024.71-0.61%
  • ethereumEthereum(ETH)$2,510.65-2.92%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.37-4.06%
  • binancecoinBNB(BNB)$650.53-1.90%
  • solanaSolana(SOL)$172.85-2.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.231456-6.72%
  • cardanoCardano(ADA)$0.80-4.18%
  • tronTRON(TRX)$0.264887-0.29%
  • suiSui(SUI)$4.01-2.34%
  • chainlinkChainlink(LINK)$17.05-1.78%
  • avalanche-2Avalanche(AVAX)$24.76-4.52%
  • stellarStellar(XLM)$0.306157-4.29%
  • shiba-inuShiba Inu(SHIB)$0.000016-6.02%
  • hedera-hashgraphHedera(HBAR)$0.206271-5.86%
  • the-open-networkToncoin(TON)$3.41-2.43%
  • hyperliquidHyperliquid(HYPE)$24.87-4.85%
  • bitcoin-cashBitcoin Cash(BCH)$408.05-5.24%
  • polkadotPolkadot(DOT)$5.09-3.88%
  • piPi(PI)$1.1242.91%
  • unus-sed-leoUNUS SED LEO(LEO)$8.341.12%
  • litecoinLitecoin(LTC)$99.93-4.86%
  • moneroMonero(XMR)$332.502.04%
  • pepePepe(PEPE)$0.000014-1.37%
  • bitget-tokenBitget Token(BGB)$4.87-1.96%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.93-6.58%
  • bittensorBittensor(TAO)$457.35-1.53%
  • nearNEAR Protocol(NEAR)$3.14-6.47%
  • aptosAptos(APT)$5.88-3.05%
  • aaveAave(AAVE)$220.57-3.60%
  • okbOKB(OKB)$55.06-1.22%
  • ondo-financeOndo(ONDO)$1.04-6.15%
  • internet-computerInternet Computer(ICP)$5.77-1.19%
  • kaspaKaspa(KAS)$0.1166956.00%
  • ethereum-classicEthereum Classic(ETC)$19.94-3.83%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.71-7.68%
  • mantleMantle(MNT)$0.801.60%
  • render-tokenRender(RENDER)$5.20-5.03%
  • gatechain-tokenGateToken(GT)$21.87-2.62%
  • vechainVeChain(VET)$0.031207-3.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.254742-7.21%
  • crypto-com-chainCronos(CRO)$0.098443-6.09%
  • ethenaEthena(ENA)$0.406513-2.46%
  • arbitrumArbitrum(ARB)$0.451318-7.31%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • filecoinFilecoin(FIL)$3.14-3.20%
  • cosmosCosmos(ATOM)$5.31-1.23%