Breaking News
Bondstream Enables US Market Clearing Through The Depositary Trust and Clearing Corporation for MTN Funding PLC
Bondstream, a disruptive Estonian B2B fintech is pleased to announce MTN Funding PLC (‘MTN’) is now eligible for US market settlement through The Depositary Trust and Clearing Corporation (‘DTC’).
DTC provides settlement services for virtually all broker-to-broker equity and listed debt securities transactions in the USA as well as institutional trades, money market instruments and other financial obligations.
This is a market-first bridge for the final step of a securities trade and offers a more cohesive streamlined issuance to settlement to reporting platform that links cross border investments. Thus, opening new markets for both investors and potential borrowers requiring access to larger pools of liquidity either during fundraising or while seeking new investment opportunities.
DTC strengthens BondstreamTM current capital raising ecosystem and helps further establish the fintech as the platform of choice for companies who need to reconcile and control the three most important aspects of capital markets funding: cashflow of incoming funds, effective coordination with investor relations teams and helping to manage placement activities.
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