PCP is Standardized post-trade enforcement infrastructure for tokenized collateral.

We enable lending & repo on digital & tokenized assets — without moving collateral out of custody.

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FAQs

1. How long does it take to get set up?

It takes maximum 6 weeks to integrate PCP APIs. We provide SDKs to help you accelerate the development.

2. How does PCP handle cross-border credit?

3. What types of collateral are supported?

4. Is collateral ever moved out of custody?

5. How does PCP enforce bilateral credit?

Latest insights

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PCP Partners with Digital Asset and the Canton Foundation to Enable Custody-Native Credit on the Network

The collaboration brings integrated lending to Canton-based tokenized and digital assets, enabling institutions to unlock credit directly from custody.

PCP and Libeara Collaborate to Explore Means to Enable Custody-Native Credit Against Tokenized Real-World Assets

The collaboration looks towards making products tokenized by Libeara, such as funds, available on PCP's credit orchestration infrastructure — allowing borrowers to earn yield on locked collateral while maintaining liquidity.

SemiLiquid Unveils Programmable Credit Protocol, Built with Avalanche, Advancing Institutional Credit on Tokenised Collateral

SemiLiquid, a custody-native infrastructure layer for institutional credit, today announced the launch of its Programmable Credit Protocol (PCP) at Abu Dhabi Finance Week 2025. The groundbreaking infrastructure enables institutions to activate credit against digital and tokenized assets held in custody – without transferring collateral, marking a critical advancement in the evolution of digital capital markets. Developed and launched in Abu Dhabi, the protocol is now planned to be rolled out globally, underscoring the emirate’s rise as a leading hub for digital assets and a launchpad for financial innovation.

Plug into the enforcement plumbing for tokenized markets.

For custodian banks, digital asset custodians, and execution venues.

Direct integration or CaaS — your environment, your controls.

For custodian banks, digital asset custodians, and execution venues.

Direct integration or CaaS — your environment, your controls.

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SemiLiquid unveils PCP. During a pilot with Franklin Templeton, Zodia Custody, Avalanche and others.

SemiLiquid unveils PCP. During a pilot with Franklin Templeton, Zodia Custody, Avalanche and others.
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