• Latest
Blockchain Settlement Startup SETL Has Filed for Bankruptcy

Blockchain Settlement Startup SETL Has Filed for Bankruptcy

March 7, 2019
Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable

Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable

May 25, 2022
Central African Republic to launch official crypto hub ‘Sango’

Central African Republic to launch official crypto hub ‘Sango’

May 24, 2022
Top 3 cryptocurrencies that are faring the best in the 2022 bear market

Top 3 cryptocurrencies that are faring the best in the 2022 bear market

May 24, 2022
Core Ethereum developer details changes to expect after the Merge

Core Ethereum developer details changes to expect after the Merge

May 24, 2022
Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks

Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks

May 24, 2022
South Korean police request exchanges freeze LFG related funds

South Korean police request exchanges freeze LFG related funds

May 24, 2022
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher

fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher

May 23, 2022
Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

May 23, 2022
Litecoin confidential transactions spook Korean exchanges

Litecoin confidential transactions spook Korean exchanges

May 23, 2022
The Moon ‘created’ his lavish reality… and says you can, too

The Moon ‘created’ his lavish reality… and says you can, too

May 23, 2022
Layer-2 adoption could spur the next crypto turning point

Layer-2 adoption could spur the next crypto turning point

May 23, 2022
arthur hayes to serve 2 year probation owning up to bitmex’s aml mishap

Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap

May 23, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Blockchain Settlement Startup SETL Has Filed for Bankruptcy

coinnewsdaily by coinnewsdaily
March 7, 2019
in Business
0
Blockchain Settlement Startup SETL Has Filed for Bankruptcy
191
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

London-based blockchain infrastructure company SETL has filed for bankruptcy, CoinDesk has learned.

The news – revealed in a notice of insolvency filed today with the U.K. authorities – comes as something of a shock given that, last October, the startup company was granted a license by France’s securities regulator to operate a central securities depository system using blockchain tech. The firm was co-founded by City of London trading veteran Peter Randall.

Also in October, SETL appointed former Goldman banker Philippe Morel, who most recently led BCG’s principal investors and private equity practice in Europe, as CEO. Back in 2015, the firm hired former executive director of the Bank of England Sir David Walker as its chairman.

According to Crunchbase, SETL has raised a total of $39 million in funding over three rounds.

Its latest investment was raised in February 2018 via a corporate round in which banks including Citi and Credit Agricole became shareholders in the company, as well as tech firm Computershare.

Randall was previously founder and CEO of equities venue Chi-X Europe, which was later sold to Cboe Global Markets. He launched SETL back in 2015 with a focus on making wholesale payments faster and more efficient using distributed ledger technology.

The company could not be reached for comment by press time.

City of London image via Shutterstock

Credit: Source link

Tags: bankerBusinessCBOE Global MarketsCitiCryptoCrypto BusinessDavid WalkerPhilippe Morel
Share76Tweet48
Previous Post

Colorado Lawmakers Eye Blockchain Tech for Water Rights Management

Next Post

Huobi OTC (Over-The-Counter) Announced XRP Trading Support

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Huobi OTC (Over-The-Counter) Announced XRP Trading Support

Huobi OTC (Over-The-Counter) Announced XRP Trading Support

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable
  • Central African Republic to launch official crypto hub ‘Sango’
  • Top 3 cryptocurrencies that are faring the best in the 2022 bear market
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$28,187.00-1.37%
  • ethereumEthereum(ETH)$1,805.460.75%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$316.881.06%
  • rippleXRP(XRP)$0.54-0.27%
  • cardanoCardano(ADA)$0.378618-0.84%
  • dogecoinDogecoin(DOGE)$0.074946-0.53%
  • matic-networkPolygon(MATIC)$1.10-2.00%
  • solanaSolana(SOL)$20.55-2.71%
  • polkadotPolkadot(DOT)$6.220.58%
  • litecoinLitecoin(LTC)$89.73-0.79%
  • shiba-inuShiba Inu(SHIB)$0.000011-0.16%
  • tronTRON(TRX)$0.0651121.18%
  • daiDai(DAI)$1.00-0.13%
  • chainlinkChainlink(LINK)$7.38-0.42%
  • cosmosCosmos Hub(ATOM)$11.21-0.14%
  • leo-tokenLEO Token(LEO)$3.461.38%
  • stellarStellar(XLM)$0.1094997.68%
  • ethereum-classicEthereum Classic(ETC)$20.490.06%
  • moneroMonero(XMR)$156.67-2.66%
  • okbOKB(OKB)$41.99-0.96%
  • bitcoin-cashBitcoin Cash(BCH)$122.06-0.85%
  • filecoinFilecoin(FIL)$5.59-2.22%
  • crypto-com-chainCronos(CRO)$0.068324-1.34%
  • vechainVeChain(VET)$0.023046-0.83%
  • algorandAlgorand(ALGO)$0.223331-2.91%
  • internet-computerInternet Computer(ICP)$5.090.12%
  • eosEOS(EOS)$1.181.59%
  • elrond-erd-2MultiversX(EGLD)$42.29-3.90%
  • aaveAave(AAVE)$71.78-1.03%
  • tezosTezos(XTZ)$1.11-3.04%
  • theta-tokenTheta Network(THETA)$1.02-2.24%
  • neoNEO(NEO)$12.42-2.92%
  • havvenSynthetix Network(SNX)$2.44-2.60%
  • paxos-standardPax Dollar(USDP)$1.00-0.03%
  • bitcoin-cash-svBitcoin SV(BSV)$35.60-0.82%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.680.69%
  • dashDash(DASH)$56.71-1.70%
  • makerMaker(MKR)$678.41-1.27%
  • iotaIOTA(MIOTA)$0.212103-1.27%
  • huobi-tokenHuobi(HT)$3.63-0.39%
  • zilliqaZilliqa(ZIL)$0.027951-0.94%
  • zcashZcash(ZEC)$37.962.96%
  • basic-attention-tokenBasic Attention(BAT)$0.251438-1.22%
  • nemNEM(XEM)$0.039239-1.63%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • qtumQtum(QTUM)$3.09-1.07%
  • kusamaKusama(KSM)$34.31-2.56%
  • compound-governance-tokenCompound(COMP)$42.53-1.40%
  • yearn-financeyearn.finance(YFI)$8,744.57-0.68%
  • bitcoin-goldBitcoin Gold(BTG)$16.04-0.60%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • golemGolem(GLM)$0.2422770.69%
  • omisegoOMG Network(OMG)$1.57-5.66%
  • wavesWaves(WAVES)$2.09-2.43%
  • sushiSushi(SUSHI)$1.080.20%
  • ontologyOntology(ONT)$0.227615-1.55%
  • digibyteDigiByte(DGB)$0.009513-0.90%
  • umaUMA(UMA)$2.08-2.88%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%