US Clearinghouse DTCC Acquires Blockchain Startup Securrency in $50 Million Deal
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 broade...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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....
Read More: US Clearinghouse DTCC Acquires Blockchain Startup Securrency in $50 Million Deal
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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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