SEI set to partner with Ctrl Alt 10 April 2025US Reporter: Clelia Frondaroli
Image: fazon/stock.adobe.com
SEI will partner with Ctrl Alt, a tokenisation platform, to participate in the Bank of England’s digital securities sandbox (DSS).
The DSS intends to facilitate innovation in market infrastructure, as well as protect financial stability by evaluating blockchain and DLT in a non-live environment. The collaboration will see SEI providing the assets for tokenisation in the second phase of the initiative, where if successful, SEI may manage custody and crypto-asset activity
Sneha Shah, head of new business ventures at SEI, comments: “Tokenised solutions have the potential to enhance security, transparency, and efficiency to drive significant improvements across financial services.”
Matt Ong, CEO and founder at Ctrl Alt, adds: “SEI’s breadth of capabilities across technology, operations, and asset management enables them to innovate across the financial services ecosystem because of the connections they’ve built.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: fazon/stock.adobe.com 