Developed with support from Google Cloud, D7 DLT enables issuers to create and manage digital securities on-chain while maintaining interoperability with existing market infrastructure. 

The platform complements Clearstream’s existing D7 digital issuance service and will initially target the international Eurobond market.

The first issuances are expected to include commercial papers and medium-term notes, allowing treasurers to raise funding on an intraday basis. 

Jens Hachmeister, Head of Issuer Services and New Digital Markets, called the launch “a landmark achievement for Clearstream and the wider financial community,” adding that D7 DLT “offers a unique combination of innovation and practicality, addressing current client needs while paving the way for the future of finance.”

Matt Renner, President of Global Revenue at Google Cloud, believes the collaboration is “redefining how securities are issued and managed,” emphasising the platform’s focus on transparency, efficiency and security.

The launch follows successful trials under the European Central Bank’s 2024 experiments, where Clearstream executed live issuances covering commercial paper and intraday repo transactions. 

Clearstream stated that D7 DLT’s transparent record-keeping and seamless integration will advance the digital transformation of capital markets in Europe and beyond.