By CryptoNews - 8 months ago - Reading Time: 1 minutes
US Clearinghouse DTCC Acquires Blockchain Startup Securrency in $50 Million Deal
Today, the Depository Trust & Clearing Corporation (DTCC) agreed to acquire blockchain startup Securrency Inc. in a deal worth around $50 million, according to a Bloomberg report.The acquisition is part of DTCC's broader push into blockchain technology and services for functions like post-trade processing of tokenized digital assets.
The acquisition deal is expected to close in the coming weeks with 100 Securrency employees set to join DTCC after the acquisition....
Read More: US Clearinghouse DTCC Acquires Blockchain Startup Securrency in $50 Million Deal
Original source: CryptoNews