ChainCatcher news, according to Cointelegraph, the Depository Trust & Clearing Corporation (DTCC) has announced the launch of an open digital sandbox ecosystem called "DTCC Digital Launchpad." The platform is designed to enable market participants and technology providers to initiate pilot projects with clear production pathways to address pain points in capital market infrastructure.DTCC has invited a group of participants to join the Digital Launchpad to develop solutions for key collateral management pain points. The relevant results will be announced in the first quarter of 2025. Meanwhile, DTCC clients can access the DTCC digital asset product suite in the sandbox environment, allowing them to develop their own use cases without significant investment.Previously, DTCC successfully completed a proof of concept with the Japan Securities Clearing Corporation (JSCC), demonstrating the potential of digital technology in collateral management. JSCC minted tokens representing cash, stocks, and bonds using DTCC infrastructure and integrated margin calls and digital asset access processes through smart contracts.Nadine Chakar, Global Head of Digital Assets at DTCC, stated that the company aims to challenge the "isolated approach" of the digital asset industry, with the ultimate goal of bringing together industry forces to build a secure and efficient digital market infrastructure and standards.

ChainCatcher news, the Ethereum spot ETF jointly launched by Invesco and Galaxy has been successfully registered with the Depository Trust & Clearing Corporation (DTCC) in the United States and is traded under the code "QETH".

ChainCatcher news, according to data from the DTCC website, the Fidelity Ethereum Spot ETF (FIDELITY ETHEREUM FDBENEFICIAL INT) (code: FETH) has been listed on the DTCC website, with the Create/Redeem column marked as D.

ChainCatcher news, according to WatcherGuru, BlackRock's Ethereum spot ETF has been listed on the DTCC website with the code ETHA.It is reported that the listing on the DTCC website is a "standard procedure" in preparation for the launch of the new ETF, and this move does not indicate that the ETF has received any regulatory approval or the results of any other approval processes.

ChainCatcher news, according to the DTCC page, the spot Ethereum ETF "VANECK ETHEREUM TR SHS" (code ETHV) launched by VanEck has been listed on the DTCC (Depository Trust & Clearing Corporation) website, with the Create/Redeem section showing as N.

According to ChainCatcher news and a report released on Thursday by CoinDesk, the world's largest securities settlement system, the Depository Trust & Clearing Corporation (DTCC), has completed a pilot project with the blockchain oracle Chainlink (LINK) and several major financial institutions in the United States, aimed at accelerating the tokenization of funds.The goal of the Smart NAV project is to establish a standardized process for introducing and disseminating fund net asset value (NAV) data across almost all private or public blockchains using Chainlink's interoperability protocol CCIP.Market participants reportedly include American Century Investments, BNY Mellon, Edward Jones, Franklin Templeton, Invesco, JPMorgan, MFS Investment Management, Mid-Atlantic Trust Company, State Street Bank, and U.S. Bank.

ChainCatcher news, cryptocurrency research firm 10x Research analyzes that the Depository Trust & Clearing Corporation (DTCC) recently announced that starting from April 30, it will no longer provide any collateral value for ETFs or other investment instruments that include Bitcoin or other cryptocurrencies as underlying investment assets. Related assets will be considered 100% written down, meaning that market makers will need to provide more margin.10x Research points out that the price of Bitcoin is making lower highs, and a new downtrend seems to be forming. In this context, the DTCC's statement could have significant implications. On April 4, 10x Research analyzed a "self-reinforcing Bitcoin mechanism" framework, suggesting that there is a risk of ETF fund inflows reversing to some extent.

ChainCatcher message, according to a document released by DTCC (Depository Trust & Clearing Corporation), starting from April 30, 2024, as part of the annual credit limit renewal, DTCC will implement the following changes to modify the collateral value of certain securities, which may affect the position value applicable to the Collateral Monitor:The collateral valuation for corporate notes or bonds rated B1 to B3 will be increased from 50% to 70%;Any ETF or other investment vehicles that include Bitcoin or any other cryptocurrency as a base investment will not be given collateral value and will therefore be subject to a 100% deduction.

According to ChainCatcher news, data from DTCC shows that the Ethereum spot ETF "FRANKLIN ETHEREUM TR ETHEREUM ETF" (code EZET) launched by asset management company Franklin Templeton has been listed on the DTCC (Depository Trust & Clearing Corporation) website, with the Create/Redeem section marked as Y.

ChainCatcher news, the spot Bitcoin ETF "Wisdomtree Bitcoin Trust" (code: BTCW) launched by the asset management company WisdomTree has been listed on the DTCC (Depository Trust & Clearing Corporation) website in the US, with the Create/Redeem section showing as N.

ChainCatcher news, the VanEck Bitcoin spot ETF is now listed on the Depository Trust & Clearing Corporation (DTCC) website, with the stock code HODL, and the Create/Redeem column shows N.

ChainCatcher news, according to Bitcoin Magazine, the Ark 21Shares Bitcoin ETF (ARKB) has been added to the website of the Depository Trust & Clearing Corporation (DTCC).

ChainCatcher news, according to the page, the spot Bitcoin ETF "Bitwise Bitcoin ETF" (code: BITB) launched by the crypto asset management company Bitwise has been listed on the DTCC (Depository Trust & Clearing Corporation) website, with the Create/Redeem section marked as Y.

ChainCatcher news, the Depository Trust & Clearing Corporation (DTCC) officially announced the completion of its acquisition of the blockchain-based financial and regulatory technology company Securrency. DTCC will discontinue the Securrency brand, which will be renamed DTCC Digital Assets and operate as an internal business within DTCC, reporting to Managing Director and Chief Information Officer Lynn Bishop.Previously reported, DTCC announced in October that it would pay approximately $50 million to acquire the blockchain startup Securrency.

ChainCatcher news, Bloomberg analyst Eric Balchunas stated on his social media platform that Fidelity's spot Bitcoin ETF code has been set as FBTC and has been listed on DTCC (Depository Trust & Clearing Corporation).

ChainCatcher news, according to Cointelegraph, the stock code BTCO for the spot Bitcoin (BTC) exchange-traded fund (ETF) jointly launched by Invesco and Galaxy has appeared on the website of the Depository Trust & Clearing Corporation (DTCC) in the United States. It is worth noting that the addition of the code to the "ETF Products" list on the DTCC website does not guarantee that a specific product will be approved in the future.A DTCC spokesperson stated that adding securities to the NSCC securities eligibility file is a standard practice "to prepare for the launch of new ETFs" in the market. Being listed does not indicate the outcome of any pending regulatory or other approval processes.