Monday, June 3, 2019

Report: financial firms led by UBS invest $60M+ to form a company to develop blockchain-based tech for settling cross-border trades using a "bitcoin-like" token (Mix/The Next Web)

Mix / The Next Web:
Report: financial firms led by UBS invest $60M+ to form a company to develop blockchain-based tech for settling cross-border trades using a “bitcoin-like” token  —  THE BANKING INDUSTRY WANTS TO BLOCKCHAIN TOO  —  The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market.



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Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition (Yoolim Lee/Bloomberg)

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