Capital Markets · Data & Analytics · DLT Technology
DLT infrastructure provider for Capital Markets
Hi we’re Axoni!
AxCore services as the underlying framework to share and synchronise data between systems and institutions while maintaining privacy, scalability, and auditability required for capital markets. Axoni have also created their own smart contract language, AxLang, a language that allows for more efficient development and more secure smart contracts for Ethereum compatible networks. It completes to the Java Virtual Machine (JVM) and cross-compiles to the Ethereum Virtual Machine (EVM) or other private EVM byte codes (e.g Quorum, Axoni). Axoni’s technology comes with a variety of features including full data privacy, high throughput, perpetual reconciliation, service provider integrations, full lifecycle management, full-stack software solutions, modular architecture, and regulatory reporting.
In 2018 at Consensus, Axoni demonstrated how a financial derivate can be issued via smart contract, trigger a payment and then instigate a cross-chain atomic transfer of value between two distinct networks. This marked the first time a derivatives contract has been originated on one enterprise blockchain and settlement on another. It was a critical milestone for blockchain interoperability.
Axoni has raised a total of $57 million over two rounds from leading contributors such as Goldman Sachs, HSBC, and Nyca Partners. Their DLT network is also being utilised by notable participants such as Citibank, who together with Goldman Sachs and 13 other sell-side and buy-side firms conducted live trades on Axoni’s DLT equity swap platform.
To overhaul global capital markets infrastructure. That vision has become a reality through intensive technology development and deep collaboration with the world’s leading financial institutions.
Slogan / Motto
Replatforming Capital Markets
Customers / Partners
Axoni raises $31 million from Deutsche Bank, Intel Capital and more
Axoni said Monday that it has closed a new round of funding worth $31 million, bringing its total amount raised to $90 since its inception in 2013. The post Axoni raises $31 million from Deutsche Bank, Intel Capital and more appeared first on The Block.
3 months ago
OCC Selects Axoni to Revamp Securities Lending via Blockchain
Streamlining securities lending has emerged as one of the classic use cases for blockchain in the financial services space.
a year ago
Blockchain firm Axoni lands OCC securities lending deal to handle $72 billion
Today OCC, the world’s largest equity derivatives clearing firm, announced a deal with New York enterprise blockchain startup Axoni. Together the aim is to replace the OCC security lending infrastructure with distributed ledger technology (DLT). OCC serves Nasdaq, the NYSE and CBOE. The organization acts as a central counterparty (CCP) and guarantor between security lenders and borrowers,...
a year ago
VC Andreessen Horowitz Crypto Fund II raises $515 million
Today venture capital firm Andreessen Horowitz or A16z announced it raised $515 million for a second crypto fund. That’s just two years after attracting $300 million to its first fund. The company’s existing portfolio includes Libra, Coinbase, banking enterprise blockchain firm Axoni, custody firm Anchorage and web3 firm Dfinity. In a blog post today, partners Chris Dixon and Katie Haun outlined the...
a year ago
Goldman Sachs, Citi go live on Axoni’s DLT equity swap platform
Today startup Axoni announced that 15 sell-side and buy-side firms went live on its distributed ledger network for equity swap transactions. The first live trade was between Citi and Goldman Sachs. The key benefit of the shared ledger is removing the need for reconciliations. Typically each party will record the transaction on their books, and...
a year ago