Enterprise blockchain startup Symbiont has closed a $20 million Series-B funding round led by Nasdaq Ventures with participation from Galaxy Digital, Citi, Raptor Group and others. Unlike public blockchains such as bitcoin and ethereum that anyone can build on, and permissioned blockchains developed by IBM, R3 and others and given away to the open source community, Symbiont ... The Chief Executive Officer of Symbiont Mark Smith noted that the support of the wall street investors in the firm’s project showcase the enthusiasm of the wall street to the technology behind Bitcoin despite the condition of the crypto market. Also, he noted that the pragmatism about the technology and the limitations and potential application had not deterred this. Bitcoin holds above assist at $12,200 to construct the subsequent section of the journey concentrating on $13,000. BTC/USD is trying price Watch. What began as a reasonably flat week within the crypto market picked up in the long run and, on the time of writing, Bitcoin (BTC) is buying and selling at US$9,287.48 / GB£7,413.81 ; Ethereum (ETH) is at US$241.51 / GB£192.72; Ripple (XRP) is at US$0.2006 / GB£0.1603; Binance (BNB) is at US$16.92 / GB£13.55 and Cardano (ADA) is up 65% at US$0.1348 / GB£0.10.80. A Company on the Rise Although Symbiont has been in the game for multiple years now, they are becoming a more well-known name as of late. This is mainly due to interest garnered in their product by large companies, in addition to the ability to secure high-profile partnerships. Here is a brief look at recent […] Launching in 2013, Symbiont has developed a platform on which it can deploy smart securities. These smart securities and platform can help institutional investors not only to digitize a variety of assets and financial instruments, but create secondary markets as well. Symbiont lists various benefits associated with usage of their platform.
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