Clearstream, the post trade arm of the Deutsche Börse, is planning to invest in Digital Vault Services (DVS), the centralized platform that digitizes the issuance and safekeeping of guarantees and sureties. The investment is subject to regulatory approvals. While there isn’t an obvious blockchain angle to the investment beyond Clearstream’s D7 using the technology, we’ll speculate how it might be relevant.
A mid term goal of the investment is to integrate the DVS solution with D7, the Clearstream digital securities platform. Hence, it will expand D7 support from digital securities to other digital assets. DVS executives said they envisioned the guarantee platform as providing a service similar to that of a central securities depository (CSD) such as Clearstream.
With the minority investment and its market infrastructure experience, Clearstream believes it can help DVS to scale in Europe.
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