Deutsche Börse’s post-trade business Clearstream has unveiled plans to invest in Digital Vault Services (DVS), a German fintech company specialising in digital bank guarantees and sureties. They aim to integrate DVS’s Guarantee Vault with Deutsche Börse’s digital post-trade platform D7.
The integration will expand D7’s digital asset product portfolio into non-securities for the first time. The investment is still subject to regulatory approvals and finalisation of legal documentation, according to a press release.
The investment will be done in exchange for a minority stake in DVS and is slated for completion in the second half of 2024.
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