Clearstream, part of Deutsche Börse Group, has launched D7 DLT, a tokenised securities platform in partnership with Google Cloud.
The platform will first be rolled out into international markets and made available to issuer clients of Clearstream Banking, enhancing Clearstream’s Eurobond offering.
“This is a landmark achievement for Clearstream and the wider financial community,” said Jens Hachmeister, head of issuer services and new digital markets.
“D7 is reinventing how securities are issued, managed, and traded, benefitting all market participants, providing the flexibility to chose between digital and tokenised issuance.”
The three key benefits of D7 are streamlined issuance and lifecycle management, enhanced transparency and security, and unparalleled accessibility and interoperability, according to the firm.
“The platform offers a unique combination of innovation and practicality, addressing current client needs while paving the way for the future of finance, advancing capital markets in Europe and globally.”
D7 DLT will facilitate the issuance and management of securities based on distributed ledger technology and is fully compliant with the Central Securities Depository Regulation.
The offering complements Clearstream’s existing D7 digital issuance platform, providing clients with the opportunity to adapt to the digital transformation at their own pace.
“By combining our secure and scalable infrastructure with Clearstream’s expertise in DLT technology, we’re helping to redefine how securities are issued and managed,” said Matt Renner, president, global revenue, at Google Cloud.
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