Digital Asset Holdings, LLC, a New York City-based developer of distributed-ledger technology for the financial services industry, reports that it has “raised more than $50 million in funding” from several prominent financial industry players. The company’s new investors are: ABN AMRO, Accenture, ASX Ltd., BNP Paribas, Broadridge Financial Solutions, Inc., Citi, CME Ventures, Deutsche Börse… Read More >>
Ops Gets on the Blockchain Revolution Bus
Bitcoin, a so-called crypto-currency, may fade before anyone really understands what it was or how it could actually have prevailed in financial services. However, out of Bitcoin’s ashes has risen the humbly named Blockchain technology. The distributed ledger technology that has been propping up Bitcoin has come to the attention of major industry players. This… Read More >>
Wall Street Heavyweights Back Open Source Project for Blockchain
Blockchain technology, with distributed-ledger potential that has excited much of the financial services world, has gotten a big boost from the Linux Foundation, the San Francisco-based open source nonprofit founded in 2000, which reports the launch of a broadly based open source initiative. “The project will develop an enterprise grade, open source distributed ledger framework… Read More >>
Blockchain Startup Digital Asset Hires Conde and Church
Blockchain technology startup Digital Asset Holdings has hired industry veterans Cristóbal Conde, the former head of SunGard, and Chris Church, a North American executive for the SWIFT cooperative, underscoring the disruptive distributed ledger technology’s ability to bring together old and new school technologies and practices. The Blockchain ledger underpins the Bitcoin cryptocurrency by keeping track… Read More >>
Boom Years Ahead for FinTech, Report Says
After a long period of relative obscurity, the financial technology (FinTech) sector is finally coming into the spotlight, attracting enough attention and startup capital to suggest big changes could lie just over the horizon. For proof, just follow the money. In 2013, global investment in FinTech stood at just $4.05 billion. Last year it exploded,… Read More >>
