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NY blockchain startup gets members' backing

36 banks, out of 42, indicate interest through stakes ranging from US$1m to US$3.5m, say sources

London

BANKS involved in the blockchain consortium R3 CEV have expressed interest in investing US$59 million in the company's first funding round, less than half its overall target, a person close to the deal said on Friday.

R3, a New York-based startup, is seeking to raise US$150

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