As the financial world undergoes rapid transformation, the role of digital CSDs is increasingly scrutinised. Global Custodian spoke to Olaf Ransome, renowned in the industry as The Bankers’ Plumber, who asserts that digital CSDs maintain relevance, although in a redefined way. Ransome underscores the importance of acknowledging the evolving dynamics of custody and settlement, particularly within the realm of digital assets. This raises a critical question: “do we still need traditional CSDs in this context?”
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