Description
The Open Collateral Network (OCN) is a multi-chain application-layer network that coordinates tokenized collateral and cash flows among market participants without requiring migration to a single blockchain. It supports initial- and variation-margin workflows, including cheapest-to-deliver optimization, pre-settlement eligibility and haircut checks, and T+0 confirmations, as well as intraday repo with cross-chain delivery-versus-payment, collateral upgrades, and substitutions. The site states that its intraday repo offering has been in production since 2025, with OCN live pilots planned for September 2026 and full production availability planned for Q4 2026.