Once a blockchain cheerleader, Axoni changes its playbook
The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.
The year is 2017. The Nintendo Switch has hit shelves worldwide, Brexit negotiations have begun, and distributed ledger technology is at the center of consortiums, innovation labs, and startups across capital markets.
As DLT proponents, pioneers, and enthusiasts made noise across capital markets, New York-based startup Axoni was carving out a niche. As financial firms sought to uncover pain points that might be remedied by the nascent, trust-centric technology, Axoni was looking to solve what it
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