The author of a book on blockchain is launching a digital asset investment firm with $20 million in backing.
Euroclear has walked away from a blockchain partnership with Paxos for the London gold bullion market that was set to go into live production later this year.
Medici Ventures, the blockchain roll-up platform of e-commerce retailer Overstock, has made an undisclosed investment in Symbiont.
Santander Global Corporate Banking has turned to UK startup BiBox to help it more quickly and easily integrate technology from fintech startups.
Citi is teaming up with Cornell University, leasing space at the Ivy League school's engineering campus in order to engage with students and faculty on areas such as blockchain and machine learning.
Mastercard, Cisco and Scotiabank have added their weight to the Enterprise Ethereum Alliance as part of a wave of 34 new members signing up for the project to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises.
London Stock Exchange-owned Borsa Italiana and IBM are using blockchain technology to digitise the issuance of securities for SMEs in Europe.
A Paris-based consortium of top-rank financial firms are to pool resources in the establishment of a joint venture company that plans to use distributed ledger technology to ease the post-trade processing of SME lending operations.
The Bank of England says that a distributed ledger technology proof-of-concept with Ripple has reinforced its intention to make a new real-time gross settlement (RTGS) platform compatible with DLT usage in the private sector.
ANZ, Westpac and IBM have successfully completed a trial run of distributed ledger technology to update the decades-old process of issuing, tracking and claiming on bank guarantees.
© Finextra Research 2017