The Post-Trade Distributed Ledger (PTDL) Group announced that it will merge with the trade association, Global Blockchain Business Council (GBBC), according to an emailed release. PTDL was founded in November 2015 and brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technology can transform the post-trade landscape, Under the GBBC’s direction, the PTDL Group will increase the level of interaction and activity between its 40+ institutions, engage in thought leadership and regulatory engagement, and further grow its membership base.
PTDL’s geographically membership includes global banks, custodians, asset managers, central securities depositories, payment systems, clearinghouses, exchanges, government agencies, sovereign wealth funds, regulators, and central banks, and its organizing committee is made up of representatives from CLS Bank International, HSBC, Janus Henderson, London Stock Exchange Group (LSEG), State Street, and GBBC.