J.P. Morgan to Use Ethereum-Based Quorum for Tokenizing Gold Bars in Pilot Experiment

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J.P. Morgan’s Quorum blockchain, an enterprise-grade DLT solution built on Ethereum, is being deployed for tokenizing traditional assets to test the robustness of blockchain technology, reported Financial Review on Oct. 29, 2018. Tokenizing Gold Bars The New York-based investment bank will leverage blockchain technology for tokenizing gold bars to allow miners to earn premiums on…

Axoni Closes $32 Million Funding Round Led by Goldman Sachs

Axoni Closes $32 Million Funding Round Led by Goldman Sachs

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Axoni, a New York-based enterprise provider of blockchain technology, has completed a $32 million Series B funding round. Major players took part in the funding round including  Goldman Sachs, NYCA Partners, Digital Currency Group, J.P. Morgan, Wells Fargo, Citi and Andreessen Horowitz. The funding round was announced on Axoni’s official blog, Aug. 14. Founded in…