Goldman Sachs leads $32m Series B funding for blockchain firm

By Daniel Lanyon on 15th August 2018

Crypto and Blockchain

The bank, alongside Nyca Partners, is helping to expand Axoni’s blockchain offerings.

Goldman Sachs leads $32m Series B funding for blockchain firmImage source:

Axoni, a provider of enterprise blockchain technology, has completed a $32m Series B financing round led by Goldman Sachs and Nyca Partners, bringing Axoni's total funding to date above $55m.

Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo, and Y Combinator all also took part in the funding round.

The New York-based firm specialises in distributed ledger infrastructure for large banks. Founded in 2013, Axoni has struck several partnerships with investment banks, asset managers, and market infrastructure companies in the past five years across  several markets including complex derivatives to high-volume foreign exchange and the credit derivatives market.

Axoni says it will use the latest round of financing to enhance its “data synchronisation” technology, and expand its suite of infrastructure products. It will also advance development of AxLang, the world's first Ethereum-compatible smart contracting language to enable formal verification.

"We believe Axoni has clearly become the leading enterprise blockchain company, and has executed in an impressive way on each of its major projects, all with top tier partners," said Hans Morris, Managing Partner of Nyca Partners.


AltFi London Summit 2019

Now in its sixth year, the AltFi London Summit returns on 18th March 2019 to 155 Bishopsgate. Last year proved to be a crucial turning point for the key players building the future of finance. Leading platforms launched oversubscribed IPOs, digital banks proliferated and mainstream financial institutions started their own disruptive propositions. With 2019 certain to be another landmark year, more questions will be asked by regulators with investor interest in disruption also poised for more rapid growth.

18th March 2019