Focused on the corporate sector blockchain startup Axoni raised $32 million during a funding round series B led by Goldman Sachs and Nyca Partners.
Axoni Announces $32 Million Series B Funding Led By Goldman Sachs and Nyca Partners https://t.co/0plQ63BGnw #blockchain pic.twitter.com/Y5ucFAdsAN
— AXONI (@axoni) 14 August 2018 R.
The round was attended by such famous companies as Andreessen Horowitz, Citi, JP Morgan, Wells Fargo, Y Combinator and Digital Currency Group. Following the results of campaign the total amount of venture investments in Axoni approximately $55 million.
According to the new York-based company, the proceeds will be used to continue development of the technology of data synchronization and Ethereum-compatible language for smart contracts AxLang. Also, the money for the creation of new products on the basis of audited distributed network called the AxCore.
Chapter Axoni Greg Shvey said that his startup is working to increase the number of companies using blockchain-based solutions development Axoni.
“The introduction of blockchain protocols in the capital markets is similar to the first stages of the development of TCP/IP, but only for enterprise distributed applications”, — said the representative of Wells Fargo Securities, Thomas Richardson.
We will remind, in the spring of last year, the startup received $20 million from banking giant Citi, a year earlier and $18 million from several major financial institutions and venture capital investors.
ForkLog also previously reported that JPMorgan Chase, Goldman Sachs, BNP Paribas, Credit Suisse and Citi have tested the capabilities of the blockchain platform AxCore for operations with securities.
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