It’s been three months since FN last rounded up the financial services industry’s efforts to bring blockchain to market. Following the news that New York-based startup R3 is on the lookout for $200 million in funding, we thought it was time for an update to our cut-out-and-keep guide to the world of blockchain consortia.
• PTDL
The Post Trade Distributed Ledger group is a London-based consortium focused on providing a forum where financial institutions can explore and share ideas about how blockchain can transform the way securities are traded, cleared, settled and reported.
It now involves 37 firms including the London Stock Exchange, LCH Clearnet, CME Group, Barclays, HSBC, BNP Paribas, Societe Generale and UBS.