SETL is an inititive to deploy a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. The SETL system will enable market participants to move cash and assets directly between each other, facilitating the immediate and final settlement of market transactions. The SETL system maintains a permissioned distributed ledger of ownership and transaction records, simplifying the process of matching, settlement, custody, registration and transaction reporting.

Former Wall Street Superstars Switch From Banking to Blockchain & FinTech Companies
December 16th, 2015

The fintech is getting more attractive for investors, with some of the most successful people on Wall Street are moving to this promising industry.