Axoni, Major Banks Complete Equity Swap Pilot

Announcements, Blockchain, FinTech | November 21, 2017 By:

New York-based blockchain firm Axoni and ten other firms, including Citi, JP Morgan, and Goldman Sachs, have successfully completed a blockchain pilot for equity swaps processing.

An equity swap is an exchange of future cash flows between two parties that allows each party to diversify its income for a specified period of time while still holding its original assets.


Blockchain Payments Firm PayStand Raises $6 Million in Series A Funding

Blockchain, FinTech, Investing | November 17, 2017 By:

Blockchain payments-as-a-service platform PayStand has raised $6 million during its Series A funding round, led by BlueRun Ventures. Other investors include Cervin Ventures, Serra Ventures, TiE, and Capital for Founders.

PayStand will use the funding to scale its account receivable systems and launch new free accounts payable product line,