Tag: distributed ledger technology

December 15, 2016 BY admin

Citigroup funds London forex trading blockchain startup Colbalt

It was announced today that Citigroup Inc (NYSE:C) has invested in London-based FX blockchain startup Colbalt. The company also announced it added Charlotte Crosswell, former Nasdaq NLX CEO as a strategic advisor as the service gets closer to launch. Terms of the investment were not announced. Cobalt DL, a FX post-trade processing network based on distributed ledger technology…

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November 21, 2016 BY admin

Founding member Goldman Sachs leaves blockchain consortium R3

Just announced today, global investment banking giant Goldman Sachs Group Inc (NYSE: GS) has left the R3 distributed ledger technology consortium it helped to found two years ago, reported by the Wall Street Journal (WSJ). The multinational finance company was one of nine original members of R3. The consortium however continues to build momentum since its…

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November 10, 2016 BY admin

R3 works with member banks on shared KYC service based on distributed ledger technology

Financial innovation company R3 and ten of its consortium member banks have successfully developed a proof-of-concept for a Know Your Customer (KYC) registry that addresses the challenges associated with satisfying regulatory requirements and allows identities to be managed by their owners. BBVA, CIBC, ING, Intesa Sanpaolo, Natixis, Nordea, Northern Trust, Société Générale, UBS and US…

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September 22, 2016 BY Mike Fox

SIX partners with Digital Asset to develop distributed ledger technology for Swiss Financial Market

SIX Securities Services, the post-trade infrastructure operator for the Swiss financial sector, and Digital Asset Holdings, a developer of distributed ledger technology for the financial services industry, today announced plans to develop a proof of concept that will demonstrate the commercial viability of distributed ledger technology across the Swiss financial market, with an initial prototype…

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August 18, 2016 BY LeapRate Staff

Clearing FX trades, distributed ledger technology and a contest for brokers: interview with FXCH's Franck Mikulecz

LeapRate Exclusive Interview... Retail Forex brokers are typically the ones running contests for their clients (and to attract new clients). However it came to our attention that someone is running a contest for the Retail Forex brokers: new Ireland-based FX central clearing provider FXCH. FXCH is a new approach to Spot FX clearing, settling trades utilizing…

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April 25, 2016 BY LeapRate Staff

Itaú becomes first Latin America bank to join distributed ledger technology consortium R3

Itaú Unibanco, the largest private sector bank in Latin America, has signed a partnership agreement with R3, an international innovation firm, for developing solutions from Blockchain-based distributed ledger technologies. Blockchain, the solution behind Bitcoin and other cryptocurrencies, is a successful example of the practical application of distributed ledger technologies. In addition to cryptocurrencies, this technology…

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January 22, 2016 BY Maria Nikolova

ICAP invests in Digital Asset Holdings through Euclid Opportunities

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) announced on Thursday that it has made a strategic investment in Digital Asset Holdings LLC, a developer of Distributed Ledger Technology for the financial services industry. The investment was made through Euclid Opportunities, ICAP’s early stage fintech investment business, as…

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