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JPMorgan takes stake in SoftBank, Goldman-backed blockchain startup
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fnlondon.comJPMorgan has taken a stake in Blockdaemon, a blockchain infrastructure startup that also includes SoftBank, Goldman Sachs and crypto exchange Kraken among its investors.
The Wall Street bank joined venture capital giant Tiger Global in taking an interest in the business this month, Blockdaemon said on 17 November, as part of JPMorgan’s expansion plans for the technology behind cryptocurrencies such as bitcoin.
“Making...
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