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Global market infrastructure provider Deutsche Börse Group today announces the acquisition completion of FundsDLT, following regulatory approval from Luxembourg financial regulator Commission de Surveillance du Secteur Financier (CSSF).
Deutsche Börse Group now owns 100 per cent of FundsDLT, a leading Luxembourg-based decentralised platform based on distributed ledger technology (DLT) for end-to-end fund issuance and commercialisation. The company will operate within the Clearstream Fund Services business segment but will operate independently from Clearstream, Deutsche Börse Group’s post-trading infrastructure provider in Luxembourg. It will retain its legal identity and license under the CSSF.
Former shareholders Credit Suisse Asset Management...
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