DTCC, which serves as the bedrock of Wall Street's post-trade infrastructure, has a history of involvement in the blockchain space.
DTCC — the financial services company that sits behind Wall Street's trades — announced the acquisition of blockchain technology firm Securrency, the firm said in a press release.
Led by former State Street crypto executive Nadine Chakar, Securrency provides a platform enabling clients to tokenize real-world assets through what it touts as "the industry's most comprehensive, patented compliance technology."
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