article thumbnail

WSFS taps blockchain firm Intain to automate capital markets transactions

Bank Innovation

WSFS Bank is working with Intain, a blockchain firm based in Chennai, India, to help automate capital markets transactions. based bank, a subsidiary of WSFS Financial, said it’s using Intain’s blockchain-based tool to facilitate trustee reporting for asset-backed securities transactions. The Wilmington, Del.-based

article thumbnail

Ripple Invests $25M in Blockchain Capital

Bank Innovation

Enterprise blockchain provider Ripple has made a $25 million investment in blockchain startup, Blockchain Capital, the company announced today. The growth of Blockchain Capital’s fund, which is now hovering at $150 million, will help support entrepreneurs and startups in the space.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blockchain VC Fund Gets First Investors For New Ethereum-based ICO

Bank Innovation

The world’s first venture capital fund raised with digital coin offering has gained its first round of investors, including executives from Bloq and Civic. Blockchain Capital, the first venture capital firm to focus exclusively on DLT technology is offering digital tokens that represent a stake in the firm’s third fund.

article thumbnail

Blockchain in Capital markets: Emerging use cases I

Bank Innovation

Wholesale financial services has attracted more of the talk and the very early “walk” of blockchain use cases. 15 months ago when I officially committed to Fintech content creation in Capital markets and Wealth management; I was cautious not to discuss blockchain (still not included in Word’s standard dictionary).

article thumbnail

ICOs Over VCs, Blockchain Investors Say

Bank Innovation

Traditional venture capital is so passé. Blockchain investors are more interested in ICOs, or initial coin offerings, than traditional investment models, according to data from the Coindesk first quarter 2017 State of the Blockchain Report released this week.

article thumbnail

Blockchain in capital markets: benefits and challenges

Bobsguide

Blockchain, or Distributed Ledger Technology (DLT), is one of the most hyped new branches of digital tech in recent history. Invented as the underlying framework to power Bitcoin, it is now being applied in some way to every industry, including capital markets. The potential applications of.

Capital 150
article thumbnail

Blockchain in Capital markets: Emerging use cases II

Bank Innovation

Izabella Kaminska at FTAlphaville, has done an excellent job of putting the current blockchain project-users cases in perspective. Is there a suspicion… Read more Blockchain in Capital markets: Emerging use cases II. She also mentions that all this versioning is introducing lots of new risks.