SUBSCRIBERS
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
Add BT as a preferred sourcePublished Sun, Nov 27, 2016 · 09:50 PM
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 million from its members and strategic investors to fund its activities focused on developing blockchain-based technology for the financial services sector.
Share with us your feedback on BT's products and services
