Cambridge Blockchain Expands into Europe with Paris Venture

Blockchain startup creates Paris-based subsidiary to accelerate European development.

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Matthew Commons, Cambridge Blockchain.

Cambridge Blockchain SAS will be based in the Partech Shakers startup campus in Paris. The company aims to continue its expansion into Europe with its blockchain-based offering, designed to alleviate the growing compliance challenges faced by financial institutions relating to identity data management and know-your-customer (KYC) costs.

Earlier this year, the vendor announced a commercial project with LuxTrust, a Luxembourg-based trust services provider, to develop a platform that offers

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