Investment Operations

Clearstream to Invest in Digital Vault Services

Collateral Management
  • Partnership underlines joint commitment to further progress digitisation of the financial markets
  • Investment dedicated to accelerate DVS’s offering as a market infrastructure solution for the issuance and safekeeping of digital guarantees
  • DVS’s Guarantee Vault to connect to Deutsche Börse’s digital post-trade platform D7 mid-term, broadening its digital asset service portfolio into the non-securities space 

Clearstream, Deutsche Börse’s post-trade business, said it intends to make an investment in Digital Vault Services (DVS), a fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe. The investment is subject to applicable regulatory approvals and finalization of legal documentation.

According to Clearstream, the investment enables DVS to further enhance and broaden its offering as a market infrastructure solution for corporates and financial institutions. The mid-term plan will be to integrate DVS’s Guarantee Vault with D7, the digital post-trade platform of Deutsche Börse and its post-trade business Clearstream. This will allow D7 for the first time to expand its digital asset product portfolio to non-securities.

With DVS’s established offering in Europe coupled with Clearstream’s leverage and experience offering market infrastructure solutions and connectivity, both parties seek to bring added value to the trade finance ecosystem of corporates, banks and insurers. 

“Digital leadership is a central part of Deutsche Börse Group’s Horizon 2026 strategy,” said Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream. “The companies’ shared commitment to market innovation makes DVS a perfect fit for Deutsche Börse and Clearstream. We are convinced that DVS’s innovative approach to digital bank guarantees, combined with D7’s track record in digitizing securities and Clearstream’s central role in global financial markets, will drive significant growth and deliver value for our clients and ultimately the entire financial industry,” Hachmeister added.

The investment will be done in exchange for a minority stake and is expected to be completed in H2/2024, subject to applicable regulatory approvals and finalization of legal documentation.