Blockchain startup Symbiont files for bankruptcy

Clients included American Century, Citi, State Street and Vanguard

Credit: Photo: Piotr Swat/Alamy Stock Photo

A software company that provides blockchain services to some of the biggest names in finance has filed for Chapter 11 bankruptcy protection, amid a period of retrenchment for distributed ledger technology initiatives in finance. is a rare blockchain vendor that seemed to have earned the confidence of big banks and assets managers, with clients including American Century, Citi, State Street and Vanguard.

A Symbiont spokesperson confirmed the bankruptcy: “Given current market

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

Interop tech buys time for buy-side fixed-income traders

A few buy-side traders and portfolio managers spearheading a drive for greater interoperability are reaping the rewards of increased workplace efficiency. Is interoperability the fixed-income panacea the buy side has been looking for?

GenAI and HFT: A competitive edge?

Timing is critical in the capital markets. IBM researchers say genAI’s predictive abilities in combination with AI/ML models can translate into profitable HFT opportunities.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here