The collaboration aims to grant Euroclear’s clients enhanced access to a broader range of alternative investments, including private equity, private credit, real estate, infrastructure and hedge funds
The announcement builds on the existing partnership between the organisations, with the central counterparty already using Euroclear Bank as an eligible securities settlement location
This fundraising round for the digital payments fintech was led by Goldman Sachs and BNP Paribas with involvement from DTCC, Euroclear, Nomura, WisdomTree and a number of other investors
Valerie Urbain, chief business officer at Euroclear, comments: “Through the integration of innovative technology, Euroclear is delivering on its strategy to provide a best-in-class global funds service"
The companies have called for “increased collaboration to progress an ecosystem that currently includes fragmented standards, varying regulatory treatment, limited integrations with institutional-grade payment rails, and siloed liquidity