Fresh from investing in the blockchain start-up led by Blythe Masters, post-trade services provider the Depository Trust & Clearing Corporation has laid out its blockchain strategy.

Blockchain has attracted increasing interest from financial institutions because many believe it has the potential to simplify post-trade services and reduce related costs. In a white paper published on January 25, DTCC, which is one of the world's largest providers of these services, aims to "cut through the hype" surrounding bitcoin's underlying technology and provide guidance on how it believes it can be used to improve existing business models and legacy systems in the post-trade space.