50 Million USD for Blockchain Startup

In a new round of financing has the blockchain startup, Digital Asset Holdings, which is led by former JP Morgan Executive Blythe Masters, collect more than 50 million US dollars. The company announced that the fundraising, in which 13 finance companies were involved, was completed. There was support of: ABN AMRO; Accenture; ASX Limited; BNP Paribas; Broadridge Financial Solutions; Citi; CME Ventures; German Börse Group; ICAP; J.P. Morgan; Santander Innoventures; The Depository Trust & Clearing Corporation (DTCC) and the PNC Financial Services Group, Inc.

In a report by Bloomberg News is stated that the total sum amounted to 52 million US dollars. A comment made inquiry Digital Asset unanswered. Furthermore, the digital asset announced to make an enlargement of the Executive Board from four to nine, will be added by the boards of directors of JP Morgan, BNP Paribas, German Stock Exchange Group and DTCC. Another board will be named at a later date, the company commented.

One of the companies – the Australian Stock Exchange (ASX) – announced that there getting a system developed by Digital Asset post-trade settlement system can be used with a decentralized ledger. On the part of Bloomberg the ASX has purchased 5% shares in the company for $ 10 million. Elmer Funke Kupper, CEO at ASX, who had already spoken in the past about the expansion of decentralized accounts books, said in an interview that the technology will help the company save market costs. These were the ASX announced plans, the technology in the next few years to revise.

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