Juzhen rakes in $23m in largest Asian blockchain round
Blockchain post-trade startup Juzhen Financials has raised $23m in a Series A round of funding. The investment was led by Wanxiang Holdings.
Shanghai launches new blockchain alliance
There a new blockchain consortium in town with the announcement of the Shanghai Industrial Development Blockchain Alliance.
Ripple grabs $55m from blockchain-curious banks
The blockchain continues its steady shift into mainstream banking with startup Ripple adding seven more major financial institutions, as well as raised $55m in funding.
Four major banks partner to push blockchain transactions
Four of the world largest banks are partnering to develop a digital currency with the aim of creating an industry standard for blockchain-enabled trades and transactions.
Japan’s SBI Holdings launches blockchain consortium
Japanese financial services firm SBI Holdings is launching a consortium to explore the usage of blockchain in domestic and foreign exchange services.
Nordea looks for AI and blockchain in new accelerator
Swedish financial services group Nordea is selecting startups for its second accelerator programme from a long list of 35 teams.
UK regulator close to approving blockchain products
The UK’s Financial Conduct Authority (FCA) is moving closer to approving blockchain-based products.
Capital One hires blockchain lawyer
US bank Capital One is hiring WilmerHale counsel Elijah Alper to take on a role as a FinTech and blockchain specialist.
Rakuten snaps up Bitnet assets for blockchain research lab
Japanese tech giant Rakuten is acquiring the assets of Belfast and San Francisco-based startup Bitnet to launch a blockchain research lab.
Banks worried over blockchain transaction security
Transaction confidentiality is one of the key issues banks have with blockchain technology, a new report by Greenwich Associates shows.
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