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The money will be used to hire more people. It is also a morale boost for the group, which has suffered some high-profile recent defections.
May 23 -
Bank agrees to pay $97 million as DOJ drops criminal charges involving money laundering at Citi uni; digital currency price roars past $2,200 as Japanese catch the bitcoin bug.
May 23 -
Nasdaq and Citi are partnering to utilize blockchain technology to expand and improve cross-border and private company securities payments.
May 22 -
Nasdaq Inc. and Citi Treasury and Trade Solutions are partnering to utilize blockchain technology to expand and improve cross-border and private company securities payments on Citigroup's business services platform.
May 22 -
The creators of a top "altcoin" are building privacy features for JPMorgan's blockchain platform.
May 22 -
IBM's new Blockchain Founder Accelerator could better position the distributed ledger technology as a platform for mainstream payments, but the technology giant wants to start with baby steps.
May 22 -
It is not startups but rather Silicon Valley’s biggest names that are best-positioned to compete with banks in the blockchain race.
May 18 -
Some banks seek to dominate the digital-identity business, but they stand to benefit even if their efforts fall short.
May 17 -
Royal Bank of Canada is applying blockchain technology to its loyalty program, in an effort to make its rewards more tangible and accessible.
May 17 -
Cambridge Blockchain, one of many startups applying blockchain technology to customer privacy and data collection issues, is teaming up with LuxTrust to launch a new identity platform.
May 15