u/HBAR_10_DOLLARS

Fresh interview with Nadine Chakar:

https://x.com/EricBalchunas/status/2077789853647765816?s=20

Ask AI: What are the connetions between Nadine Chakar and Hedera?

The primary connections between Nadine Chakar, the DTCC, and Hedera are structured around the following key pillars:

🏢 Linux Foundation Decentralized Trust (LFDT) Governance

• Shared Oversight: The Depository Trust and Clearing Corporation (DTCC) and Hedera are both founding members of the Linux Foundation Decentralized Trust (LFDT).
• Codebase Control: Joanna Powell, the Managing Director of Technology, Research, and Innovation at DTCC, serves as the Governing Board Chair of LFDT. This means DTCC has direct governance and oversight over Project Hiero, which is the open-source codebase powering Hedera.

🎤 Keynote Speaker at HederaCon

• Industry Insights: Chakar was featured as a premier speaker at HederaCon, where she laid out her vision for institutional tokenization infrastructure alongside other major web3 and financial leaders.
• Multi-Chain Vision: During her panels, Chakar highlighted that the tokenization transition will not rely on a single network, but will require an aggregation of interoperable layer-1 and layer-2 protocols, explicitly pointing to networks like Hedera as part of this evolving multi-chain strategy.

🛠️ Legacy Securrency & Asset Tokenization Studio Ties

• Acquisition Background: Prior to joining the DTCC, Chakar served as the Chief Executive Officer of Securrency, an institutional-grade digital asset infrastructure company.
• Hedera Partnership: While Chakar was navigating its growth, Securrency collaborated heavily with Hedera. They specifically worked together to develop the Asset Tokenization Studio, an open-source toolkit designed to help institutions configure and issue compliance-bound digital assets natively on the Hedera network. In October 2023, DTCC acquired Securrency and rebranded it into Chakar’s current division, DTCC Digital Assets.

🤝 Multi-Chain & Ownera Integration

• SuperApp Ecosystem: The infrastructure driving DTCC's digital efforts relies heavily on Ownera, a prominent institutional router network.
• Financial Sandboxes: Hedera has long been integrated into Ownera's unified architecture. Ownera frequently leverages Hedera’s high-speed, fair-ordering system alongside Ethereum to run institutional sandboxes, such as tokenized money market fund pilots.

Wow! Partnership with GFS is huge

>Imperium Markets has proven that the tokenisation of assets and settlement in wholesale bank deposits, money market securities and annuities is possible following the successful completion of its Project Acacia use cases.

>This was an Australian first, if not global first, in regulated financial markets.

>Imperium’s trial included the following participants: Cuscal; AP+; Bank of Queensland; Westpac Banking Corporation; National Australia Bank; Challenger Life; Australian Super; Colonial First State.

>The use cases included a series of transactions where settlement took less than 30 minutes in total. Typically, this would take up to four days. In the real-world, that settlement time will come down to seconds.

RUNS ON HEDERA:

>The transactions were executed on Imperium’s marketplace and tokenised and settled using Hedera’s Layer One Distributed Ledger Technology.