Cambridge Blockchain Expands into Europe with Paris Venture

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

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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