Chainlink just landed two of the most consequential institutional partnerships in its history, and both happened within weeks of each other.

On May 12, 2026, the Depository Trust and Clearing Corporation selected Chainlink’s Runtime Environment, known as CRE, to power its Collateral AppChain. Then on June 23, 2026, Chainlink announced it would serve as core infrastructure for Project Pangea, a consortium of over 50 banks and banking groups managing more than $10 trillion in assets.

What DTCC actually does, and why this matters

DTCC processed over $4.7 quadrillion in securities transactions in 2025 alone. To put that in perspective, global GDP is roughly $100 trillion. DTCC handles nearly 50 times that figure annually.

The organization is now building a Collateral AppChain, scheduled to launch in Q4 2026, that will manage real-time collateral operations including pricing, valuation, margining, and settlement for tokenized assets across multiple blockchains. Chainlink’s CRE is the selected runtime environment for that system.