Jens Hachmeister, head of issuer services and new digital markets at Clearstream, outlines the group's plans to be a core market infrastructure for digital securities.
Deutsche Bank and STACS were able to remodel and optimise the workflows involved to create a ‘bond in a box’ DLT platform.
Global custodians and institutional investors could further be encouraged to adopt digital assets by using specialist digital asset sub-custodians.
Role will see a focus on advancing the company’s technology innovation, including further building capabilities in digital, crypto and other digitally-led technologies.
Societe Generale Forge plans to offer crypto assets structuring, issuing, exchange and custody services to clients by 2022.
The mandate is the latest for State Street as it looks to carve a role in supporting digital asset uptake among institutional investors.
HSBC acted as the arranger bank, custodian and settlement bank for the digital bond issued on the Marketnode platform.
The remarks by the two custody giant CEOs follow the announcement of several initiatives by the two banks in the digital assets space this year.
Standard Chartered's former global head of sales and head of securities services for the Americas has left and joined New York-based METACO.
Deutsche Boerse, Deutsche Bundesbank and Germany’s Finance Agency conduct DLT-based securities settlement in central bank money.