Behind The Scoop: DTCC and the opportunities for DLT within post-trade settlement

Behind The Scoop offers Genesis subscribers a summary of what we learned from our podcast guests, and profiles research to further the discussion beyond the latest episode.

In this episode of The Scoop, Frank Chaparro and Ryan Todd interview Mike Bodson, CEO of DTCC. The Depository Trust & Clearing Corporation is a 5,000 person operation that touches every corner of Wall Street, handling 1.8 quadrillion dollars of trades every year, flipping the GDP every three days. DTCC also operates a custodial service, securing 54 trillion dollars worth of securities, mostly in electronic form. Mike discusses Wall Street’s adoption of distributed ledger technology, cryptocurrency valuations, and how Superstorm Sandy almost wiped out 35 trillion dollars.

Original source
https://www.theblockcrypto.com/2019/04/23/behind-the-scoop-dtcc-and-the-opportunities-for-dlt-within-post-trade-settlement/?utm_source=rss&utm_medium=rss&utm_campaign=default

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