A-Team Insight Blogs

London Stock Exchange Invests in Cryptocurrency Startup Nivaura

Share article

Nivaura, a regulated fintech company that has developed a platform to automate primary issuance and administration of financial assets through a blockchain infrastructure, has closed a $20 million funding round from prominent partners including the London Stock Exchange (LSE).

The funding will allow Nivaura to expand, complete product development more quickly and meet clients’ increasingly complex automation needs with machine learning and natural language processing expertise. Nikhil Rathi, CEO of the LSE and director of international development, will join Nivaura’s board.

Nivaura was the first company invited to work in Allen & Overy’s Fuse tech innovation space and, with the support of the law firm, executed an automated cryptocurrency bond issuance that cleared, settled and registers on a public blockchain.

Avtar Sehra, Nivaura’s CEO, comments: “We’re seeing growing appetite from major financial institutions for practical innovation that goes beyond buzzwords and conceptual PoCs in ‘digital investment banking’. Boards are saying: go forth and innovate. But doing so in the highly regulated and complex world of capital markets is immensely difficult. With our now proven approach and compliance credentials, we are able to finally help our industry take practical steps to innovate and improve its economics.”

Leave a comment

Your email address will not be published. Required fields are marked *

*

Related content

WEBINAR

Recorded Webinar: High Performance Technologies for Electronic Execution

Don’t miss this opportunity to view the recording of this recently held webinar. When firms pursue higher performance in the electronic trading execution technology they use, they must consider the exchange and trading venue landscape as the context for their approach. Their approach can be accomplished in-house or with support from providers, which can be...

BLOG

Digital Reasoning Releases AI-Enabled Voice Analytics and Partnership with Corlytics

After four years of research and development, Nashville-based Digital Reasoning has released an AI-enabled voice analytics solution for financial services communications monitoring. It has also announced a partnership with regulatory risk tech company, Corlytics, to deliver one of the highest volumes of pre-trained models for monitoring available to the financial sector, according to the companies....

GUIDE

MiFID II Handbook – Second Edition

With the compliance deadline for Markets in Financial Instruments Directive II (MiFID II) just over two months away, A-Team Group has updated its MiFID II handbook to bring you the latest details on the regulation’s compliance requirements. Version 2 of the handbook, commissioned by Thomson Reuters, also includes new sections covering data sourcing and data...