A number of prominent companies participated in $32 million Series B funding round of Axoni, the software developer from New York.
IBM, CLS, and nine financial institutions are testing a new platform which can make it easier for banks to access distributed ledger technology (DLT) solutions from fintech and software providers.
R3 CEV aims to raise $150 million with the third tranche of fundraising round scheduled for later this year.
The companies are planning to bring instant settlement and simultaneous delivery versus payment to the London bullion market.
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.
Thus R3 project has just grown up to 42 members – the world’s largest and most influential banks.
The blockchain holds huge promise for the future of the financial industry, with the world’s leading organizations developing solutions based on the bitcoin technology.