Blythe Masters Struggling to Find Investors for Her Blockchain Startup?
Powerful finance lady Blythe Masters is having a hard time convincing investors to invest in her blockchain startup Digital Asset Holdings, according to a news report from The New York Times. NewsBTC.com earlier reported that Blythe is looking to raise $35M for her blockchain startup before Christmas from leading investor groups such as JPMorgan Chase, where she earlier worked for 27 years, Goldman Sachs, Citigroup, Santander, Bank Of America, Morgan Stanley and NASDAQ. The NYTimes reports that leading financial institutions including Goldman Sachs and Citigroup are miffed that Digital....
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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....
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,....
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....
Less than two weeks after Reuters quoted one of the most powerful women on Wall Street, Blythe Masters, as saying that she is fully committed to her blockchain startup Digital Asset Holdings, it has come to our knowledge that the finance lady is looking to raise $35M in a financing round which is expected to be completed before Christmas Eve. According to the New York Post, even though the round is slated to close in less than 10 days from now, apart from a select few, investors are not so keen. Digital Asset Holdings is planning the blockchain technology to cut down on costs and speed up....