Bitcoin Magazine

Private Capital Market Ecosystems Meet the Blockchain

Private Capital Market Ecosystems Meet the Blockchain

In a move signaling blockchain technology’s continued advancement in the financial world, Hong Kong–based PrivateMarket.io and NY-based Symbiont announced an agreement to build an alternative investment marketplace for closed-end funds utilizing Symbiont’s SmartSecurities™ software. The parties anticipate that the marketplace will go live in late 2017.

Counterparty and MathMoney f(x) Create Symbiont to Make Financial Markets Smarter

Counterparty and MathMoney f(x) Create Symbiont to Make Financial Markets Smarter

Counterparty founders have joined with MathMoney f(x) and its founder Mark Smith as co-founders of the new fintech company Symbiont. Symbiont will focus on fostering the symbiotic relationship between traditional financial markets and cryptographic blockchain technology.