Financial institutions join hands to develop blockchain platform

Ridhima Sharma
clock • 2 min read

Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange, and Natixis Investment Managers have announced a Series A investment in FundsDLT to develop a novel decentralised technology platform to facilitate the distribution of funds based on distributed ledger technology (DLT). This move marks a major milestone in the evolution of FundsDLT, originally initiated and incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare. FundsDLT is built using permissioned blockchain technology based on Ethereum, that ensures privacy and high performance. FundsDLT ena...

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