- DTCC completes acquisition of Securrency
- Retires Securrency brand renames business to DTCC Digital Assets
- Managed by Lynn Bishop, DTCC Digital Assets to operate within DTCC
- The acquisition aims to combine DTCC’s infrastructure with Securrency’s blockchain tech
- The goal is to explore institutional DeFi potential and drive market-wide transformation
- Plans include enhancing the enterprise digital asset platform, embedding digital assets, and developing new blockchain-based offerings
- DTCC will license Securrency technology for other companies to develop tailored digital asset services
- Securrency, founded in 2015, provided infrastructure solutions for trading and settlement of digital securities
- Securrency raised $17.6 million in Series A funding in 2020 and $30 million in Series B round in 2021.
DTCC completes acquisition of Securrency, rebrands business as DTCC Digital Assets
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