The cooperation is expected to contribute significantly to the overall development of Ethereum.
The Singapore-based venture capital company has launched a new fund in an effort to boost investments in the blockchain technology startups.
Final round increased the total sum of investment to $60 million.
The company gets $50 million to apply a distributed ledger to financial services and expands its Board of Directors.
The companies have teamed up to create a technology similar to blockchain with hugh potential to change business services.
Former JPMorgan senior executive Blythe Masters rebuffed a proposal to join Barclays, as she is committed to continue her work at the blockchain startup Digital Asset Holdings.
The world’s first truly international Bitcoin bank NextBank is preparing to launch during 2016 after successfully raising 950 000 USD seed investment capital. NextBank is now taking early registrations.
The heads of the IMF and JP Morgan claim they don’t believe that bitcoin will achieve widespread usage in the next years.
NextBank is planning to launch a new bitcoin banking platform that will make it easier for bitcoin community to use financial services worldwide.