The blockchain startup Axoni has raised $32 million in funding from a number of high-profile banks led by Goldman Sachs.

Many of the investors are current Axoni clients, co-founder and CEO Greg Schvey told Forbes. “These are very strategic investors,” said Schvey. “We have deep strategic and commercial engagements with most of them.”

The investment brings the total capital raised to $55 million. The money will be used to complete projects such as moving the Depository Trust and Clearing Corporation’s $11 trillion Trade Information Warehouse to a custom-built blockchain, Forbes reported. Read more here.

 

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at contact@thirtyk.com.