Leading Latin America Investment Bank Joins Distributed Ledger Group
Adrian Zmudzinski's original article for cointelegraph.com reduced by 43%
Leading Latin America investment bank BTG Pactual joined the organizing committee of the Post-Trade Distributed Ledger Group. Industry news outlet LedgerInsights reported on Aug. 15 that Brazil-based bank BTG Pactual joined PTDL Group's organizing committee.
PTDL Group reportedly provides a platform allowing market participants to share information on blockchain and discuss applications in the financial services sector. According to its official website, PTDL Group includes nearly 40 financial institutions and prominent market infrastructure players. "Practitioners, regulators, and central banks connect through PTDL to identify and drive activities and position specific recommendations that may leverage distributed ledger technologies' for the benefit of the post-trade industry." CEO of GBBC, Sandra Ro, stated that the institution will be instrumental in allowing for better application of distributed ledger technology.
As Cointelegraph reported last month, BTG Pactual plans to shift its security token offerings, a pipeline of over $1 billion in sales, onto the Tezos blockchain.
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