Axoni

News

DTCC: Security Tokens Should Be Made to Meet Existing Regulatory Rules

Ian AllisonMar 13, 2019

The DTCC has laid out guidelines for the post-trade processing of tokenized securities, aimed at market participants and regulators.

Barclays

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

Ian AllisonNov 6, 2018

The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019. 

Capital Markets

DTCC Pushes Back Blockchain Project to Avoid Brexit Complications

Ian AllisonOct 4, 2019

The DTCC has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of Brexit. 

Venture Capital

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

Ian AllisonOct 10, 2018

Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.

Venture Capital

Goldman Sachs, JPMorgan Invest in Axoni’s $32 Million Funding Round

Daniel PalmerAug 14, 2018

Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs.

Axoni

Derivatives

Axoni, Clearmatics Claim Milestone for Blockchain Interoperability

Ian Allison

In a first for interoperability, Axoni and Clearmatics have shown how a derivative contract written on one blockchain can be settled on another.

Swaps

JPMorgan, Goldman Sachs Trial DLT for Equity Swaps

Brady Dale

Financial firms including JPMorgan Chase and Goldman Sachs have carried out equity swaps over a DLT system.

Derivatives

DTCC Milestone: $11 Trillion in Derivatives Gets Closer to the Blockchain

Michael del Castillo

Working through the issues of using ethereum's smart contract language, DTCC and Axoni move $11 trillion worth of derivatives closer to blockchain.

Technology

Citi Invests in Blockchain Startup Axoni’s Series A Round

Stan Higgins

Global financial institution Citi has invested in distributed ledger startup Axoni, the company announced today.

IBM

$11 Trillion Bet: DTCC to Process Derivatives With Blockchain Tech

Michael del Castillo

The DTCC is moving $11tn-worth of derivatives transactions to a blockchain, thanks to a deal with IBM, R3CEV and Axoni.

Venture Capital

Wells Fargo, ICAP Lead $18 Million Series A for Blockchain Startup Axoni

Stan Higgins

New York-based blockchain startup Axoni has raised $18m in a new funding.

News

The Long Disrupt: How Blockchain Startups Are Reshaping the DTCC

Michael del Castillo

Facing threats from blockchain, the DTCC embraces startup innovators.