
Edel Joins DTCC Digital Assets Working Group to Advance Tokenized Collateral and Securities Lending
Edel, a provider of infrastructure for tokenized equity and commodity markets on the Canton blockchain, has joined the Depository Trust & Clearing Corporation (DTCC) Digital Assets Solutions Industry Working Group. This group includes over 100 major financial institutions, such as BlackRock, Goldman Sachs, and JPMorgan, and is tasked with providing feedback for the development of the DTCC Tokenization Service. The move highlights a shift in the RWA market from simple asset issuance to creating functional, programmable utility for tokenized assets. By integrating securities lending veteran Brad Klaas into its board, Edel aims to solve the complexities of using tokenized assets as collateral, margin, and for lending. The company is currently exploring whether securities tokenized by the DTCC could be recognized directly as margin within Edel Markets. This development is critical because it addresses the institutional need for capital efficiency, allowing firms to put idle assets to work rather than holding extra cash liquidity. Ultimately, the collaboration underscores the industry's focus on building the necessary plumbing to ensure tokenized assets are as productive and liquid as their traditional counterparts.
