In 2022, the DTCC, the world’s largest securities settlement organization, is launching a solution to digitize privately held stocks, which will optionally include blockchain security tokens. It will support Regulation A and D (unlisted) securities in the United States through issuance, distribution and secondary market trading.
A key motivation for the platform is the massive increase in trading in private securities. The aim is to automate and cut costs, and the ambition does not end at private stocks. In the future, the Digital Securities Management (DSM) Platform may also support funds, debt, real estate, loans and other assets.
“DSM is capable of transforming the private markets, unifying an increasingly fragmented space under a common infrastructure that can automate manual processes, reduce costs and risks, and open up more opportunities for investors,” said Jennifer Peve, DTCC Managing Director, Head of Strategy and Business Development.
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