Axoni, a New York-based provider of distributed ledger technology to the financial services industry, completed an $18m Series A financing.
The round was led by Wells Fargo and Euclid Opportunities, ICAP’s fintech investment business, with participation from Goldman Sachs, J.P. Morgan, Thomson Reuters, Andreessen Horowitz, FinTech Collective, F-Prime Capital Partners, and Digital Currency Group.
The company has raised above $20m in total funding to date.
Founded in 2013 and led by Greg Schvey, CEO, Axoni is a capital markets technology firm that specializes in distributed ledger infrastructure. Product offerings, which include distributed ledger technology deployments, bespoke smart contract development and analytics tools, has already been implemented in partnership with more than a dozen global banks and financial infrastructure providers.