Depository trust and clearing company DTTC plans to acquire digital asset infrastructure developer Securrency

The Depository Trust and Clearing Corporation (DTTC), the largest clearing and settlement services company in the United States, has signed an agreement with digital asset infrastructure developer Securrency to acquire it. Although specific transaction terms were not disclosed, this acquisition will help DTTC gradually integrate digital assets into its products and services. Securrency will be renamed DTCC Digital Assets, and its senior management team and approximately 100 employees will remain in place. The company is backed by a number of key institutions, including State Street, Bank of America, WisdomTree and Abu Dhabi Catalyst Partners, and has partnered with cybersecurity and digital asset custody company GK8. (Cointelegraph)