Congrats to portfolio company Axoni on making the Fintech 50 list as it works to replatform traditional capital markets alongside the DTCC and the world's biggest banks, starting the $10t credit derivative market.
Bona fides: It is currently putting the $10 trillion credit derivative market onto smart contracts working with DTCC and a steering committee of 15 of world's biggest banks. It’s already settling foreign exchange trades using the blockchain. Cofounders: CEO Greg Schvey, 32 and CTO Jeff Schvey, 33. The brothers also cofounded TradeBlock, which provides institutional trading tools for cryptocurrency