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US Clearinghouse DTCC Acquires Blockchain Startup Securrency in $50 Million Deal
Posted on 10/20/2023
The Depository Trust & Clearing Corporation (DTCC) is acquiring Securrency Inc. for around $50 million, marking a strategic move into blockchain technology. The deal is part of DTCC's focus on post-trade processing of tokenized digital assets. Securrency's technology is expected to enhance the issuance and trading of securities like ETFs on blockchain networks.
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