Global Index Fund Manager Vanguard Successfully Trials Blockchain Securities

The $5.7 trillion asset manager Vanguard has completed the first phase of its pilot testing of settlements for blockchain-based asset-backed securities. Vanguard, the world’s second-largest index fund manager, has announced…

Continue Reading Global Index Fund Manager Vanguard Successfully Trials Blockchain Securities

Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. China Zhe­shang Bank, a national commercial bank, used blockchain technology to issue an asset-backed…

Continue Reading Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

Andreessen Horowitz Raises $515 Million for New Crypto Fund, Surpassing Initial Goal

Top venture capital firm Andreessen Horowitz forms its second crypto asset fund totaling $515 Million, surpassing the initial goal by $65 million. Top venture capital firm Andreessen Horowitz is expanding…

Continue Reading Andreessen Horowitz Raises $515 Million for New Crypto Fund, Surpassing Initial Goal