DTCC Acquires Blockchain Startup Securrency to Advance Digital Asset Capabilities
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DTCC has acquired blockchain startup Securrency for around $50 million.
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The deal aims to help DTCC provide leadership in bridging industry practices with digital assets.
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As a clearinghouse, DTCC processes trillions in trades and transactions for major exchanges.
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DTCC wants to enable end-to-end digital processing for tokenized and digital assets.
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Following the acquisition, Securrency will operate under the name DTCC Digital Assets.