SETL: Blockchain outfit files for bankruptcy

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SETL: Blockchainoutfit files for bankruptcy

SETL: Blockchain outfit files for bankruptcy wants to sell off its CSD platform ID2S

  • The firm launched in July 2015 and uses blockchain technology
  • Last year, Citi and Credit Agricole took stakes in the company
  • Additionally, Computer share increased its investment
  • These three firms joined S2iEM and Deloitte as shareholders in the company
  • The platform T2S has completed connection testing and was approved by CSDR
  • The CSD is operational but is looking for a bigger player to take it on