DTCC Explores Gatekeeper Role for DLT Networks
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.
As financial institutions consider the value of distributed ledger technology and its potential to trade and settle tokenized assets, the Depository Trust and Clearing Corporation (DTCC) wants in on the action.
Jennifer Peve, head of business development and fintech strategy at DTCC, tells WatersTechnology that the market structure firm is interested in acting as a central counterparty for trading networks that are built on permission-based blockchains, a subset of DLT. Peve says the firm is
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