Both Santander and Morgan Stanley have also left the R3 CEV blockchain group , following Goldman Sachs , one of the original 12 members , who joined but did not offer its reasons for leaving . In response , R3 said that its " diverse group of members all have different capacities and capabilities which naturally change over time . " The group 's funding efforts are still ongoing but it recently reduced the target from $ 200 m to $ 150 m .
Banco Santander and Morgan Stanley have also left the R3 CEV blockchain consortium, following Goldman Sachs, one of the original 12 members, who withdrew but did not offer its reason for leaving. In response, R3 said that its "diverse pool of members all have different capacities and capabilities which naturally change over time." The group's funding efforts are still ongoing but it recently reduced the target from $200m to $150m.