Wells Fargo, ICAP Lead $18 Million Series A for Blockchain Startup Axoni
New York-based blockchain startup Axoni has raised $18m in a new funding. The Series A round was led by Wells Fargo and Euclid Opportunities, a fintech investment firm owned by financial services company ICAP. Goldman Sachs, JP Morgan, Thomson Reuters, Andreessen Horowitz, Digital Currency Group, FinTech Collective and F-Prime Capital Partners also took part in the round. Axoni is one of a number of startups in the blockchain and distributed ledger space seeking to provide services to major financial firms. In the past few months, the startup has tested smart contract and data management....
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Axoni capital markets technology company has announced the successful closure of its $18 million Series A fundraising round. Axoni, the leading blockchain based financial technology company has raised a total of $18 million in funding. The company completed its Series A fundraising round which saw participation from some of the leading names in the financial industry. In its latest update, the company has announced the list of investors which includes Wells Fargo, Euclid Opportunities, ICAP Fintech Investments, Goldman Sachs, JP Morgan, Thomson Reuters, Andreessen Horowitz, FinTech....
Axoni, a New York-based blockchain startup has announced an $18 million Series A financing round led by banking giant Wells Fargo and Euclid Opportunities, the Fintech investment arm of prominent financial services company ICAP. The funding round was hinted at earlier this week and sees participation from other major banks in Goldman Sachs and J.P. Morgan. Thomson Reuters, F-Prime Capital Partners along with prolific bitcoin- and blockchain-industry investors Andreessen Horowitz and Digital Currency Group also took part in the funding round. Like competitor R3, Axoni’s distributed ledger....
The Depository Trust & Clearing Corporation (DTCC) has announced its plans to utilize Blockchain technology to facilitate credit default swaps in collaboration with IBM, Axoni and R3CEV. Axoni and the R3 consortium are competitors within the Blockchain industry and are both backed by multi-bln dollar banks and financial institutions. Axoni, in particular, garnered the interests of Goldman Sachs and JPMorgan in December of 2016, raising $18 mln from other organizations such as Wells Fargo and ICAP. The two startups will lead the development of the DTCC’s credit default swaps processing....
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