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Technology news

BTG Pactual joins Post-Trade Distributed Ledger group


13 August 2019 São Paulo
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
BTG Pactual, a Brazil-based investment bank, has joined the committee of the Post-Trade Distributed Ledger (PTDL) Group.

The PTDL Group aims to further industry dialogue and collaboration among key market players.

Its membership includes global banks, custodians, asset managers, central securities depositories, payment systems, clearinghouses, exchanges, government agencies, sovereign wealth funds, regulators, and central banks.

The PTDL Group’s organising committee is made up of representatives from CLS Bank International, Janus Henderson, London Stock Exchange Group, Moscow Exchange, State Street, and Global Blockchain Business Council’s (GBBC).

PTDL participation is open to regulated financial institutions and members of GBBC’s legal and regulatory group.

Sandra Ro, CEO of the GBBC, said: “The PTDL organising committee includes some of the brightest industry minds, and we are pleased to welcome BTG Pactual into the fold. We look forward to collaborating and have no doubt that their strong industry position will be instrumental in furthering our efforts to realise and maximise the potential of distributed ledger technologies.”

Andre Portilho, associate partner and head of digital assets at BTG Pactual, commented: “GBBC and PTDL Group are doing an amazing job pushing the industry forward. For BTG Pactual, this is a great opportunity to take part in the industry and work together with this dynamic group.”
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