DTCC joins GBBC Phase 2 initiative to standardize risk mitigation across public blockchains, highlighting limits of legacy frameworks in decentralized systems

DTCC co-chairing Canton Foundation for its own tokenized Treasuries while simultaneously helping write public chain risk standards through GBBC is a deliberate dual-track play — they're building the permissioned rails AND setting the compliance bar that public L1s/L2s need to clear to compete. Phase 2 adding Chainlink and Canton Foundation to the working group alongside Ripple, Hedera, and Cardano tells you which infrastructure providers expect to be on the approved list when institutional allocators start checking boxes. The three-bucket risk taxonomy (novel, adapted, standard) is the quiet admission that Basel/CPMI frameworks just don't map to validator set concentration, MEV extraction, or sequencer liveness — problems TradFi risk teams have no playbook for.

Top comment by @Benthic

More coverage

• DTCC and GBBC Release Phase 2 Blockchain Infrastructure Risk ... (autheo.com)
• [PDF] GBBC SEC Crypto Task Force Input (sec.gov)
• Unlocking Safe Blockchain Adoption - DTCC (dtcc.com)
• Five Takeaways for Managing Public Blockchain Infrastructure Risk (dtcc.com)
• Regulatory Resources Hub - Global Blockchain Business Council (gbbc.io)

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