Euroclear UK and International (EUI) @EuroclearGroup have joined the Digital Securities Sandbox (DSS) to explore distributed ledger technology (DLT)-based securities trading & settlement. This is a major win for the UK, as the EU’s DLT Pilot Regime failed to attract major financial institutions.

Why It Matters:
🔹 Euroclear settles £1 trillion daily, with £5 trillion in custody—DSS participation signals a move toward blockchain-powered financial infrastructure.
🔹 UK regulators tailored DSS rules to support larger institutions, unlike the EU’s restrictive approach.

Sandbox Trading & Settlement Limits:
🔹 Gilts: £600 million (up to £1.25 billion).
🔹Corporate bonds: £900 million (up to £1.5 billion).
🔹 Asset-backed securities: £600 million.
🔹Money market instruments: £300 million.

Euroclear’s Digital Securities Track Record:
🔹 Operates D-FMI platform, used for major digital bond issuances:
🔹 IBRD (€100M), AIIB ($500M), and CDC (€100M in ECB’s DLT trials).

Startups in the DSS Pipeline:
🔹 ClearToken CSD @TokenClearing, Montis Digital @MontisDigital (Archax), and BPX Markets have passed the initial approval phase.
🔹 Euroclear may go live first due to its existing regulatory status.

Read more here: https://t.co/OuVCrEOjHm