Following its announcement in October, agreeing to acquire Securrency Inc., a developer of institutional-grade digital asset infrastructure, DTCC today announced the completion of the transaction. The Securrency brand will now be retired and the business will operate as DTCC Digital Assets, headed by Lynn Bishop, Managing Director and Chief Information Officer.
Frank La Salla, DTCC President, CEO and Director, commented: “We are excited to bring together our people, expertise and respective technologies to create a powerful combination that will help the industry unlock the value of digital assets and drive market-wide transformation. We look forward to providing global leadership to establish a robust digital infrastructure that protects the safety and soundness of financial markets and delivers on the enormous promise and potential of institutional DeFi in the coming years.”
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