Jamie Crawley is a CoinDesk information reporter essentially based in London.
Standard Chartered (STAN) has invested in Partior, the blockchain-essentially based price community founded by JPMorgan (JPM), DBS Bank (D05) and Singapore executive-owned investment fund Temasek.
The size of the investment has no longer been disclosed. Neither Standard Chartered nor Partior without extend responded to CoinDesk’s build a query to for comment in this discipline.
The financial institution will change into a “founding shareholder” in the community, serving as the main euro settlement provider for the platform, according to an announcement Thursday.
Partior became formed by JPMorgan, DBS and Temasek closing yr with the aim of developing wholesale funds rails, harnessing blockchain and neat contracts to permit instantaneous settlement between financial institutions.
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Jamie Crawley is a CoinDesk information reporter essentially based in London.
Jamie Crawley is a CoinDesk information reporter essentially based in London.
