Wiserlinks

Wiserlinks boosts interaction and collaboration between today's leaders who are currently shaping tomorrow's business world.

BofA, HSBC, Intel, others invest $107 million in blockchain startup R3

Bank of America

31/05/2017

REUTERS

Financial and technology companies led by Bank of America Corp, SBI Holdings Inc, HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday. Over 40 institutions from more than 15 countries participated in the first two tranches of the New York company’s fundraising round, making it one of the largest investments in a blockchain company to date, R3 said in a statement.

 

Click here to read full article