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August 2022

DTCC launches Project Ion – one of the largest DLT initiatives in equities settlement across the financial services industry

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced on August 22 that its Project Ion platform, which is being developed as an alternative settlement platform leveraging R3’s distributed ledger technology (DLT) Corda, has gone live in a parallel production environment while upholding the firm’s rigorous resiliency and safety standards.

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