DTCC completes acquisition of Securrency, which is renamed DTCC Digital Assets

ChainCatcher news, the Depository Trust & Clearing Corporation (DTCC) officially announced the completion of its acquisition of the blockchain-based financial and regulatory technology company Securrency. DTCC will discontinue the Securrency brand, which will be renamed DTCC Digital Assets and operate as an internal business within DTCC, reporting to Managing Director and Chief Information Officer Lynn Bishop.

Previously reported, DTCC announced in October that it would pay approximately $50 million to acquire the blockchain startup Securrency.