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CryptoNewsZ 2024-05-17 15:50:52

DTCC, Chainlink pilot accelerates fund tokenization with major banks on board; LINK soars 7%

The Depository Trust and Clearing Corporation (DTCC), recognized as the world’s largest securities settlement system, has successfully completed a pilot project in collaboration with the blockchain oracle Chainlink and multiple major U.S. financial institutions. The term “Smart NAV” given to this pilot project intended to establish an agreed process of getting and circulating funds’ net …

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