Goldman Sachs And J.P. Morgan Join $32M Series B In Enterprise Blockchain Startup Axoni
Enterprise blockchain startup Axoni has raised $32 million to help it finish moving some of the largest financial infrastructures in the world to technology that interoperates with the ethereum blockchain.
Led by Goldman Sachs and Nyca Partners, the Series B investment will be used to complete work on projects including the Depository Trust and Clearing Corporation’s effort to move its $11 trillion Trade Information Warehouse to a custom-built blockchain.
With other investors including Wells Fargo, J.P. Morgan, Citigroup, NEX Group, Franklin Templeton, Andreessen Horowitz, Y Combinator, Digital Currency Group and more, the investment represents a diverse sampling of Wall Street institutions and the Silicon Valley investors out to disrupt them.