Though no date has been set for the transition, the Blythe Masters-led blockchain startup credited its bid to “advance industry adoption” of the tech as the impetus for the move.
Startups working with blockchain and bitcoin technology around the world raised close to $300 million (£231.2 million) in funding in the first 6 months of the year, according to Juniper Research.
Over 30 startups raised $290 million (£223.5 million) but over a third went to just three companies in big ticket fundraises: Circle, which raised $60 million (£46.2 million) in June; Blockstream, which bagged $55 million (£42.4 million) in February; and Digital Asset Holdings, which raised $50 million (£38.5 million) in January.
Concurrent Media Strategies, LLC, publisher of the Concurrent Media blog, and Digital Media Wire, Inc., producers of Digital Entertainment World and the New York Media Festival, among other conferences, today announced the official launch of RightsTech, a new forum — blog, newsletter, conferences — for cross-industry global collaboration focused on furthering technology innovation around rights management and licensing across multiple media verticals.
The inaugural RightsTech Summit will be held July 26 at the the Japan Society in New York City. The newsletter, which you can subscribe to here, will keep you up to date on all the news and conversation around the emerging RightsTech ecosystem. This blog will be an evolving platform for discussion and debate among the various stakeholders.
Digital Asset Holdings LLC, a start-up specializing in the blockchain technology for the financial services industry, announced on Wednesday that it has entered into business relationships with Accenture, Broadridge and PricewaterhouseCoopers to ensure faster adoption of its product.
“These alliances will accelerate innovation, drive growth and broaden our reach in different segments across the world,” said Blythe Masters, chief executive officer at Digital Asset holdings and a former JP Morgan investment banker.
The partnerships show how the financial services industry is exploring the potential of the blockchain. In 2015, there was an explosion of interest in the bitcoin technology as a way to solve inefficiencies in financial markets.