Delta Capita Launches New Distributed Ledger Service Joint Venture and Acquires Capital Markets Department of SETL

According to reports, Delta Capita, a capital market service provider, has announced the launch of its new distributed ledger service joint venture and acquired the capital markets department of blockchain company SETL. Its first project is the development of a blockchain based Central Securities Depository (CSD) for Montis, a subsidiary of the digital asset exchange Archax, which is supported by abrdn.

Delta Capita acquires SETL Capital and launches DLT department

In recent times, the blockchain industry has continued to grow, with many companies venturing into the space to provide innovative and disruptive solutions. Delta Capita, a leading provider of capital market services, is set to launch its new distributed ledger service joint venture, having acquired the capital markets department of blockchain company, SETL.
With blockchain technology gaining wider acceptance across different sectors, more and more companies are harnessing the benefits of distributed ledger technology to drive innovation and improve business processes. Delta Capita’s foray into the blockchain space is a testament to the growing influence of blockchain technology in the finance industry.

What is Delta Capita’s New Distributed Ledger Service Joint Venture?

Delta Capita has announced the launch of its new distributed ledger service joint venture, which will explore the use of blockchain technology in various areas such as regulatory reporting, capital markets, and securities services. The joint venture aims to leverage the benefits of blockchain to drive efficiency and reduce costs in these areas, ultimately improving the overall customer experience.
Delta Capita has taken a step further to strengthen its presence in the blockchain space by acquiring the capital markets department of SETL, a blockchain specialist firm, as part of its strategy to provide end-to-end blockchain solutions to clients. The acquisition will enable Delta Capita to tap into SETL’s wealth of experience and expertise in the blockchain industry, ultimately driving increased value for clients.

Delta Capita’s First Project

Delta Capita’s first project following the launch of its joint venture is the development of a blockchain-based Central Securities Depository (CSD) for Montis, a subsidiary of the digital asset exchange Archax. The CSD will serve as a platform that enables Montis to easily manage its digital assets, such as cryptocurrencies and security tokens, while providing a secure and transparent framework for trading and settlement.
Archax is supported by abrdn, a global asset management firm, which will provide Montis with the necessary infrastructure needed for the successful launch of the CSD. By leveraging blockchain technology, Montis is set to revolutionize the digital asset market, providing a revolutionary solution to existing challenges in the sector.

Benefits of Delta Capita’s Distributed Ledger Service Joint Venture

The benefits of blockchain technology cannot be overstated, and for Delta Capita, the joint venture presents an opportunity to improve business processes, reduce costs, and drive growth. By leveraging the expertise of SETL, Delta Capita is better positioned to provide end-to-end blockchain solutions to clients, ultimately increasing value and driving customer satisfaction.
The development of the blockchain-based CSD for Montis is a significant milestone in the blockchain industry. The CSD will provide Montis with a secure, transparent, and efficient framework for trading and settlement of digital assets. Ultimately, this move will drive innovation and digitization in the finance industry.

Conclusion

As the blockchain industry continues to grow, more companies are venturing into the space to provide innovative solutions that drive efficiency and growth. Delta Capita’s new distributed ledger service joint venture and acquisition of the capital markets department of SETL is a significant move towards harnessing the benefits of blockchain technology to drive innovation and growth in the finance industry.
With its first project, the development of a blockchain-based CSD for Montis, Delta Capita has shown its commitment to revolutionizing the digital asset market, providing a transparent and efficient platform for trading and settlement of digital assets.

FAQs

1. What is Delta Capita’s new distributed ledger service joint venture?
Delta Capita’s new distributed ledger service joint venture aims to explore the use of blockchain technology in various areas, such as regulatory reporting, capital markets, and securities services, to drive efficiency and reduce costs.
2. What is Delta Capita’s first project following the launch of its joint venture?
Delta Capita’s first project is the development of a blockchain-based Central Securities Depository (CSD) for Montis, a subsidiary of the digital asset exchange Archax.
3. What benefits does Delta Capita’s acquisition of SETL’s capital markets department present?
Delta Capita’s acquisition of SETL’s capital markets department presents an opportunity for the company to tap into SETL’s wealth of experience and expertise in the blockchain industry, driving increased value for clients.