The Depository Trust & Clearing Corporation (DTCC) has launched the digital sandbox "DTCC Digital Launchpad" to provide a pilot project platform for market participants and technology providers to promote innovation in capital market infrastructure. Prior to this, the Japan Securities Clearing Corporation (JSCC) successfully conducted a proof of concept.
DTCC has invited a group of participants to participate in the digital launch platform to develop initiatives to address key collateral management pain points and produce scalable solutions. The results will be announced in the first quarter of 2025.
At the same time, DTCC clients will have access to the DTCC digital asset product suite within the sandbox, allowing them to develop their own "use cases without a large investment". In the process, they can get guidance and support from DTCC. (Cointelegraph)