According to Odaily Planet Daily, the world's largest securities settlement system, the Depository Trust and Clearing Corporation (DTCC), has completed a pilot project with blockchain oracle Chainlink (LINK) and several major U.S. financial institutions to help accelerate the tokenization of funds. The project, called Smart NAV, aims to establish a standardized process to use Chainlink's interoperability protocol CCIP to introduce and disseminate fund net asset value (NAV) data on almost any private or public blockchain. Participating market institutions include American Century Investments, Bank of New York Mellon, Edward Jones, Franklin Templeton, Invesco, JPMorgan Chase, MFS Investment Management, Mid-Atlantic Trust, State Street Bank and U.S. Bank.