**DTCC Launches Digital Sandbox for Market Innovation**

The Depository Trust and Clearing Corporation (DTCC) has unveiled its Digital Launchpad, an open ecosystem designed to foster innovation in the financial markets. This initiative allows market participants and tech providers to pilot new projects with a clear path to production, following a successful proof-of-concept led by Japan Securities Clearing Corporation (JSCC).

**Key Features:**

- Participants can develop solutions for collateral management.

- Results to be publicized in Q1 2025.

- Access to DTCC Digital Assets suite for creating use cases without hefty investments.

- Support and guidance from DTCC.

Nadine Chakar, Global Head of DTCC Digital Assets, emphasized the goal of breaking the industry's "siloed approach" to build secure, efficient digital market infrastructure.

**Recent Achievements:**

- JSCC's proof-of-concept improved speed and transparency in collateral management.

- Successful pilot of the US Treasury Collateral Network with 26 participants.

In 2023, DTCC subsidiaries processed $3 quadrillion in securities transactions, with custody services valued at $85 trillion.