Clearstream, the post-trade division of Deutsche Börse, launches D7 DLT tokenization platform

Jinse Finance reported that Clearstream, the post-trade division of Deutsche Börse, launched its D7 platform four years ago. The initial version, called D7 Digital, is a centralized system and has been used for issuances totaling approximately 44 billion euros, mainly for digital bonds and structured products. Now, Clearstream has officially launched its tokenization platform based on distributed ledger technology (DLT)—D7 DLT. The biggest difference from D7 Digital is that it operates on distributed technologies such as blockchain. Since Clearstream is a Central Securities Depository (CSD), the issuance on D7 DLT complies with CSDR regulatory requirements. By integrating with the CSD, even investors who have not yet adopted DLT technology can participate in these issuances. For institutions that have already adopted DLT, the platform can also connect to the compliant DLT trading platform 360X, in which Deutsche Börse holds a partial stake.