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Deutsche Boerse Buys Minority Stake in Blockchain Firm

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Rawlens   Thursday, 08/30/18 04:19:30 PM
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Deutsche Boerse Buys Minority Stake in Blockchain Firm HQLAx – The Deutsche Boerse has recently bought a minority shareholding in the blockchain based firm HQLAx. This move follows the partnering of the two firms 6 months ago. The partnership was aimed at creating a blockchain based trading solution. They jointly utilized Corda technology from R3 Consortium to develop a securities lending network. Deutsche Boerse Group is a German exchange operator that offers transactions services. As of 2015, the Germany exchange had a total equity amounting to $4.327 billion. Meanwhile, HQLAx is a collateral and liquidity management company. It offers liquidity-based solutions to large institutional investors. Read more: https://marketexclusive.com/deutsche-boerse-buys-minority-stake-in-blockchain-firm-hqlax/2018/08/

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