Subscribe to Our Newsletter
Thursday May 26, 2022
Bitcoin (BTC) $29,518.00   Ether (ETH) $1,828.79
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Distributed Ledger Technology

CACEIS signs investment agreement to develop postmarket blockchain infrastructure for SMEs

Published by CryptoNinjas.net
05/06/2017

CACEIS, the asset servicing banking group of Crédit Agricole for the institutional market has signed an investment agreement intended to develop a postmarket blockchain infrastructure for the SME segment in Europe.
Formed in a Memorandum of Understanding in June 2016, the initiative was launched in anticipation of a new regulatory framework in France providing for the issue and distribution of financial securities using blockchain technology.
The pilot agreement as formed last year set as its objective to improve the access of SMEs to capital markets while facilitating and enhancing the security of postmarket operations.
Starting with only seven, the addition of CACEIS brings together eight major financial institutions: CACEIS, BNP Paribas Securities Services, Caisse des Dépôts et Consignations, Euroclear, Euronext, S2iEM and Société Générale, with the support of Paris Europlace.
By joining forces, the initiative’s main advantage is the combination of members’ financing capacities and expertise to promote innovation through a new, independent company whose mission will be to harness blockchain technology in the design, development, and deployment of innovative solutions for post trade.
Blockchain technology uses a ledger of data that is distributed and shared by multiple parties.
Jean-François Abadie, CEO of CACEIS, remarked:

“We are very pleased to participate in this collective innovation process. This promising project combines a wide range of experience and expertise that is appropriate to its ambition to help drive the process of transforming the postmarket environment. This is fully in line with the CACEIS strategy of prioritizing the development of innovative solutions for its clients.”

CACEIS made different blockchain based financial news back in March when they announced partnership wth Bitstamp, the EU licensed bitcoin exchange for the launch of a new service which enables fund promoters to accept bitcoin investments from both retail and corporate clients.

29
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Euronext invests in tokenization platform Tokeny

07/01/2019
Euronext Tokeny Crypto Ninjas

Euronext, a leading pan-European exchange in the Eurozone, announced today that it has subscribed the entire €5 million capital increase of tokenization platform Tokeny Solutions, resulting in a 23.5% stake and strong governance representation....

Read more

Societe Generale issues covered bond as a security token on a public blockchain

04/23/2019
Societe Generale issues covered bond as a security token on a public blockchain

Societe Generale SFH, the covered bond vehicle of French banking company Societe Generale, announced it has issued the first covered bond (EUR 100m) as a security token on a public blockchain. On April 18th,...

Read more

BTCC’s Mobi, Bitwala next to halt bitcoin cards for non-EU Visa network users

08/31/2017

It was announced today from China-based bitcoin company BTCC that their Mobi wallet application will stop offering its Visa debit card service to non-European residents on October 15th, 2017, because of the new licensing...

Read more

Bitcoin debit card Shakepay must stop service to non-EU residents

08/28/2017
Shakepay bitcoin debit card provider halts service to non EU VISA network countries

Bitcoin debit card provider Shakepay has joined fellow card service Xapo in stopping the issuance of debit cards to residents outside of European territory. Xapo promulgated these changes last week at the acknowledgment of...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

05/24/2022
TRON network integrated with blockchain infrastructure provider Ankr

TRON network integrated with blockchain infrastructure provider Ankr

05/23/2022
Cosmos creator and co-founder of Tendermint Jae Kwon launches NewTendermint

Cosmos creator and co-founder of Tendermint Jae Kwon launches NewTendermint

05/25/2022
Polygon forms a multi-million dollar fund to assist Terra projects in migrating

Polygon forms a multi-million dollar fund to assist Terra projects in migrating

05/25/2022
Fairmint launches new tokenized equity platform for startups

Fairmint launches new tokenized equity platform for startups

05/25/2022
Japan exchange Coincheck lists SAND, the crypto asset of The Sandbox metaverse

Japan exchange Coincheck lists SAND, the crypto asset of The Sandbox metaverse

05/24/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version