Today, the Depository Trust & Clearing Corporation (DTCC) agreed to acquire blockchain startup Securrency Inc. in a deal worth around $50 million, according to a Bloomberg report. The acquisition is part of DTCC's broader push into blockchain technology and services for functions like post-trade processing of tokenized digital assets. The acquisition deal is expected to close in the coming weeks with 100 Securrency employees set to join DTCC after the acquisition....
US Clearinghouse DTCC Acquires Blockchain Startup Securrency in $50 Million Deal
Crypto News - 19 Oct 2023 21:00
Today, the Depository Trust & Clearing Corporation (DTCC) agreed to acquire blockchain startup Securrency Inc. in a deal worth around $50 million, according to a Bloomberg report. The acquisition is part of DTCC's broader push into blockchain technology and services for functions like post-trade processing of tokenized digital assets. The acquisition deal is expected to close in the coming weeks with 100 Securrency employees set to join DTCC after the acquisition....
Share this Article
Recommended