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Edi Truell tells private equity it is time to embrace blockchain

Prominent City financier says firms could save hundreds of thousands from the tech behind bitcoin, but dismisses cryptocurrencies as ‘complete fraud’

Edmund Truell
Edmund Truell

Private equity firms could save themselves hundreds of thousands of pounds by embracing blockchain, according to one of the UK industry’s most influential voices.

Edmund Truell, the founder of Duke Street who now runs Disruptive Capital Finance, thinks private equity firms should look at using distributed ledger technology when raising funds from investors.

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