Institutional FX Blockchain Startup Cobalt DL Partners with LMRKTS

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Institutional FX Blockchain Startup Cobalt DL Partners with LMRKTS

Postby kreslik.news » Wed Apr 05, 2017 9:19 am


Cobalt DL, a blockchain startup co-founded by former Traiana CEO Andrew Coyne and former Mako FX owner Adrian Patten for developing an FX post-trade processing network, today announced a partnership with LMRKTS. It will be the first firm to offer services on BlueSky, the shared ledger component of Cobalt’s platform.

By partnering with Cobalt BlueSky, LMRKTS will be able to offer improved multi-lateral compression services to the broader group of Cobalt’s ledger members as well as existing LMRKTS customers. LMRKTS will use Cobalt’s reconciled transaction data to drive compression algorithms with results delivered back to Cobalt.

Adrian ... (read more)

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