It’s been just over a year since the DTCC completed the acquisition of tokenization startup Securrency. Now it is launching ComposerX, a combination of Securrency tools and additional functionality, especially around data.
For those not familiar with the DTCC, it is the primary securities post trade firm in the United States, responsible for processing the transfer and settlement of $3 quadrillion in transactions in 2023. It is the world’s largest central securities depository (CSD) and central counterparty (CCP).
When it acquired Securrency, the solution was already in use, including by WisdomTree for its tokenized funds. The asset manager is still a client.
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