DTCC, Clearstream, and Euroclear in conjunction with Boston Consulting Group (BCG) are launching “a comprehensive risk and control framework” for the digital assets industry, including tokenized assets, and the trio asserts the timing is right for such a blueprint. The blueprint, dubbed the Digital Asset Security Control Principles (DASCP) framework, is detailed in a white… Read More >>
DTCC Embraces Digital Asset Ops via Securrency Acquisition
Post-trade infrastructure provider DTCC is acquiring a tokenization infrastructure company Securrency Inc., led by CEO Nadine Chakar, creating a bridge to the “acceptance and adoption of digital assets” in securities operations, DTCC officials say. After the acquisition is finalized, Securrency, whose offerings include its Capital Markets Platform, Compliance Aware Token Framework, and Digital Asset Composer,… Read More >>
Asset Tokenization Could Reinvent Post-Trade Ops: Report
Asset tokenization holds a lot of promise for traditional capital markets, particularly via the underlying blockchain technology. But getting to the new benefits could mean a gradual replacement of some incumbent post-trade platforms, systems, and services. That’s what David Easthope tells FTF News. Easthope is a senior analyst covering market structure and technology for the… Read More >>
Regulated Tokens Could Greatly Reduce Settlement Burdens: Q&A
(Anthony Culligan, the chief engineer at SETL, a London-based blockchain vendor, recently authored a whitepaper, “Realizing the Regulated Internet of Value,” focusing on regulation and the phenomenon of tokenization via blockchains/distributed ledger technology (DLT). Culligan argues that tokenization could profoundly streamline middle- and back-office operations and facilitate a generic way to own and trade regulated… Read More >>
DTCC Proposes Post-Trade Framework for Token Platforms
Post-trade systems and services provider DTCC is acknowledging that an emerging disruptive trend — tokenized securities — may soon need a legal and regulatory framework formulated via regulators, trading venues, and the post-trade operations staffs of industry participants. The DTCC is also acknowledging that because of its unique position in the securities operations industry, it… Read More >>
Commerzbank & Deutsche Börse’s Successful DLT Experiment
It’s a challenge to predict how technologies will fare in the universe of securities operations. For instance, the hype around blockchain/distributed ledger technology (DLT) has been far outpacing the reality of DLT-based systems and applications in production at securities trading firms, causing some to wonder if there will ever be actual results. However, Commerzbank and… Read More >>
