Blythe Masters Startup Digital Asset Holdings Struggles For Funding
The year 2015 has been quite a significant one for Bitcoin regarding the amount of VC funding flowing into the world of digital currency. However, not every Bitcoin startup is seeing its fair share of success, despite initial excitement regarding what they want to bring to the table. Blythe Masters’ Bitcoin startup – called Digital Asset Holdings – is struggling to secure additional funding, When a former JPMorgan Chase star banker is having a hard time securing deals with other investors for her new Bitcoin startup, things are looking rather bleak. Although it has to be said these....
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Bitcoin-based startup Digital Asset Holdings has had a hard time with closing deals with investors to cap off the company’s first round of funding, according to a report. Former banker and now a prominent personality in the Fintech space Blythe Masters’ Digital Asset Holdings is ‘struggling’ to close its Series A round of funding by investors. The New York Times reports that former JPMorgan employee and now CEO of Digital Asset, Blythe Masters has already been promised an investment of $7.5 million from her former employer. JPMorgan is also seen as the lead investor in Digital Asset....
Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of Digital Asset Holdings. The Digital Asset Holdings is a venue for buyers and sellers of financial assets to meet and transact, switching currencies into bitcoin in order to cut the cost and time of settlement and make use of the decentralised Blockchain. Blythe Masters sits on the Top of blockchain technology startup Digital Asset Holdings, where she became the CEO in March. She spent 27 years at JPMorgan Chase, where she held some leadership positions,....
Various Bitcoin companies around the world are looking for investors to get their project moving along and deliver services to a broader audience. Digital Asset Holdings, a blockchain startup run by Blythe Masters, recently closed a new funding round, raising over US$50m from various global financial leaders. With this money, the company will eventually be able to bring blockchain technology use cases to people all over the world. Based on various mainstream media headlines over the past few weeks, the future of Digital Asset holdings was in peril. The blockchain startup was struggling to....
Blythe Masters. Digital Asset Holdings' CEO Blythe Masters has reportedly turned down an offer for a top management position at Barclays to stick with her blockchain technology startup. Blythe Masters, CEO of New York-based Digital Asset has turned down the chance to "run" Barclays' investment banking division and chose to stay with her current blockchain-based startup Digital Holdings. Masters is among the most prominent figures on Wall Street and is known as one of the creators of the credit derivatives market. She left JP Morgan after 27 years with the bank and joined Digital Asset....
Digital Asset Holdings, the startup led by ex-JPMorgan exec Blythe Masters, is apparently having issues closing an inaugural investment round. Blythe's previous employer JPMorgan Chase & Co has already committed about $7.5m to the undisclosed round, but Digital Asset has been struggling for some time to complete the deal with other investors, according to The New York Times. Allegedly, major banks including Goldman Sachs and Citigroup have been reluctant to commit to the deal as JP Morgan was "being given better terms than other investors", according to Times sources. More seriously,....