Nasdaq Market Technology is working with R3 to advance blockchain-based concepts to deployment.
The Hong Kong-based fintech, which combines A.I. with capital-markets expertise, says China’s entry to MSCI’s index creates an opportunity for alpha-seekers.
The startup will apply for the first virtual banking licenses, setting it in eventual competition with traditional consumer banks.
The company’s FIC Network is designed to use blockchain tech to originate and distributed fixed-income securities in new ways.
The bank is using technology from Finastra to win retail and SME customers in Myanmar.