Clearstream’s digital securities platform, D7, has reached €10 billion in issuance volumes. The firm reports that the service completes up to 15,000 new digital issuances each week.
Jens Hachmeister, head of issuer services and new digital markets at Clearstream, commented: “[This] not only reflects our clients’ commitment and trust placed but also highlights the transformative potential of scalable digital solutions in enhancing market efficiency and liquidity. We are excited to continue our journey towards a fully digitised post- trade ecosystem, leveraging cutting-edge technologies to deliver real value-add to our clients and the financial markets overall.”
D7 was designed to fully digitise the post-trade value chain, and is currently serving as DLT market operator in the European Central Bank’s (ECB) trials and experiments around wholesale digital payments.
Hachmeister noted: “The ECB trials have been very successful so far and the experience gathered has been invaluable. Clearstream calls for a frictionless lead-over of the proven trial infrastructure into a transitory solution. This would serve as the nucleus for developing a stable long-term solution to advance a competitive digital financial ecosystem in Europe.”
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