Coindesk Logo

Distributed Ledger Firm R3CEV Gains Three More Banking Partners

Distributed Ledger Firm R3CEV Gains Three More Banking Partners

Distributed Ledger Firm R3CEV Gains Three More Banking Partners

AccessTimeIconOct 28, 2015, 2:41 PM
Updated May 15, 2023, 2:15 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Distributed ledger startup R3CEV has gained an additional three banking partners, raising the number of total banks involved to 25.

Japan's Mizuho Bank, Nordea Bank – which operates in Northern Europe – and Italian bank UniCredit join the likes of Citi, HSBC, Barclays and Goldman Sachs in R3CEV's blockchain project which sets out to spread the use of the technology across the world's financial markets.

David Rutter, R3CEV CEO, said in a statement:

"We have been inundated with interest in this project from banks across the world since launching with an initial nine institutions just over a month ago."

He continued: "An emphasis on working with the market has always been a key differentiator of our project from day one, and so we are delighted to broaden the network once again and grow the resources we have to research and develop this exciting technology."

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.