PANews reported on April 3rd that according to The Block, the Depository Trust and Clearing Corporation (DTCC) announced the launch of a real-time tokenized collateral management platform on Wednesday. This innovative platform named "AppChain" will be demonstrated at DTCC's "Major Collateral Experiment" event on April 23rd. The platform aims to enhance global collateral circulation efficiency and liquidity, optimize capital utilization, and "build an open digital liquidity ecosystem for market participants to deploy digital applications". Technical architecture shows that AppChain is developed based on the Besu platform under Linux Foundation's LF Decentralized Trust.

DTCC noted that increasingly complex market environments and cost pressures have made the demand for efficient and high-quality collateral solutions more urgent. Through collateral tokenization, the platform is committed to breaking down traditional "siloed" system barriers and significantly improving cross-system collateral circulation speed.