Cryptocurrency Startups Combine as Wall Street Blockchain Effort Falters - News Summed Up

Cryptocurrency Startups Combine as Wall Street Blockchain Effort Falters


Chain Inc., a startup working with Nasdaq Inc. and others to build a blockchain-based trading platform, is merging with another cryptocurrency startup, a sign that efforts to plug the technology behind bitcoin into the traditional markets are proving harder than expected. Lightyear Corp., a for-profit spinoff of the Stellar Foundation, will acquire Chain, combining the two companies into a new company called Interstellar, according to the Stellar Foundation.


Source: Wall Street Journal September 10, 2018 16:03 UTC



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