DTCC to acquire Securrency.

DTCC, an American post-trade financial services company, agreed to acquire Securrency, a developer of institutional-grade, digital asset infrastructure. Financial terms were not disclosed. “Securrency is an important strategic acquisition that will give us the technology to drive market-wide transformation by enabling end-to-end digital lifecycle processing for tokenized assets, digital currencies and other financial instruments. By bringing together DTCC’s commitment to providing market stability and our unparalleled network of financial market participants with the sophistication of the Securrency technology, we will be in a leading position to unlock the value of digital assets and help guide the industry through its digital transformation journey. We believe this next generation of financial market infrastructure will further reduce settlement times, facilitate market transparency and risk management, enhance regulatory oversight and controls, and unlock efficiency and innovation to create an improved investor experience,” Frank La Salla, DTCC President, CEO and Director.