Distributed ledger technology provider Axoni has secured $18 million in series A funding from investors including Wells Fargo, Goldman Sachs and JP Morgan. The New York-based fintech firm has employed blockchain technology to optimise post-trade data management for foreign exchange derivatives, credit default swaps and equity swaps. In its year-long lifespan, Axoni has formed partnerships with more than a dozen banks around the world as well as financial infrastructure providers.
Distributed ledger technology provider Axoni has secured $18m in series A funding from investors including Wells Fargo, Goldman Sachs and JP Morgan. The New York-based fintech firm has employed blockchain technology to optimise post-trade data management for foreign exchange derivatives, credit default swaps and equity swaps. In its year-long lifespan, Axoni has formed partnerships with more than a dozen banks around the world as well as financial infrastructure providers.