Smart Securities Trading Platform Symbiont Raises $7 Million
According to multiple sources close to Symbiont, the smart securities trading platform has closed a $7 million funding round, valuing the company at $70 million. In an email to Bitcoin Magazine , co-founder Evan Wagner declined to comment but said that the company will be making a formal announcement in the future. Symbiont, which found its genesis from....
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Smart contracts platform Symbiont has closed a $1.25m seed funding round. The company - which plans to issue smart securities on bitcoin's blockchain later this year - received funds from investors including Duncan Niederauer, former CEO at the New York Stock Exchange (NYSE) and Matt Andresen, former co-CEO of Citadel Derivatives Group. The startup grew out of the Counterparty project, which in turn provided support for Overstock's Medici project during its early stages. Several developers went on to leave Medici and later established Symbiont. Mark Smith, CEO of Symbiont, said in a....
Smart contracts and blockchain platform Symbiont has recently hired the distinguished cryptographer Dr. Lisa Yin as its chief security officer and chief cryptographer. Dr. Yin plans to utilize her expertise to help the firm advance the Symbiont platform’s security solutions. Symbiont Hires Famous Cryptographer Who Broke SHA-1 Hash Standard. Symbiont is a....
Smart contracts platform Symbiont has issued its first "smart security". The announcement was formally unveiled at an event in New York today, during which the security was issued on the bitcoin blockchain. Symbiont aims to provide services in the nascent cryptofinance sector, and traces its roots to both Overstock's Medici project as well as the Counterparty project. Several developers, originally working on Medici, left that initiative earlier this year and later established Symbiont. Mark Smith, CEO and co-founder of Symbiont, said in a statement: "We are proud to be on the leading edge....
Symbiont is a leading blockchain based smart contract solutions provider for the FinTech industry. The company's platform is built upon Bitcoin Blockchain due to its secure and stable nature. Bitcoin started off as an alternative to regular fiat currency. But over time, the underlying Blockchain technology has gained more prominence. While Bitcoin as a digital currency offers a viable alternative to fiat currency, Blockchain technology is on its way to change the whole FinTech industry. Symbiont is one such company that is leveraging upon the power of Bitcoin and Blockchain technology to....
Blockchain technology has garnered a lot of attention in the financial world, as the decentralized public ledger could transform the way the industry keeps records or handles transactions. Several banks all over the world are trying to explore the applications of blockchain technology in their internal operations while some forward-looking companies such as Overstock have experimented with the bitcoin-related technology in securities clearing. For blockchain-based private security company Symbiont, blockchain technology could spell the future of Wall Street through 'smart securities' or....