Blythe Masters Blockchain Startup Raises $50 Million From 13 Financial Firms
Digital Asset Holdings, the blockchain startup led by former JP Morgan executive Blythe Masters, has raised more than $50m in a new funding round. The firm announced that it had completed a fundraise involving 13 financial institutions. The round drew support from ABN AMRO; Accenture; ASX Limited; BNP Paribas; Broadridge Financial Solutions; Citi; CME Ventures; Deutsche Börse Group; ICAP; J.P. Morgan; Santander InnoVentures; The Depository Trust & Clearing Corporation (DTCC); and The PNC Financial Services Group, Inc. A report by Bloomberg News indicates that the total amount raised....
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Digital Asset Holdings CEO Blythe Masters has revealed that financial regulators are keen on the potential of blockchain technology, the same technology that underpins Bitcoin, the cryptocurrency that several authorities seek to regulate. Blythe Masters, CEO of New York-based blockchain startup Digial Asset has claimed that blockchain technology is proving to be favorable for financial regulators. The decentralized, distributed ledger technology is seen as a means to increase transparency while lowering costs, according to Masters. The former JPMorgan executive was speaking to Reuters,....
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....
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,....
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,....
The name Blythe Masters is well-known in the Bitcoin community. Blythe Masters is a former JP Morgan Chase & Co. executive, who currently runs a blockchain startup company called Digital Asset Holdings, LLC. Quite the change from filling the role of Global Head of Commodities at J.P. Morgan, But Blythe Masters embraced the challenge presented by the....