This article is the second instalment of a series on the custody of crypto assets. Read the first article here, and third article here.
The introduction of distributed ledger technology (DLT) has raised the possibility of transforming financial and commodities markets by repositioning trading and post-trade operations within a single system. In the EU, the DLT Pilot opens a path to test this combination with certain security tokens, subject to limitations on the assets involved and the lifespan of the sandbox.