Blockchain Specialist Symbiont Targets Diverse 'Smart Securities' Applications

Ex-NYSE chief, former Citadel trading head among the startup's investors.

mark-smith-symbiont
Mark Smith, Symbiont.

Smith, a serial financial services entrepreneur, began his latest venture with Mathmoney f(x), a service which was initially launched to provide blockchain-based settlement for crypto-versus-fiat currency spot trading.

In 2013, though, it became obvious that the real opportunity was in solving age-old problems in traditional markets, at which point Counterparty — a Bitcoin 2.0 walleting project — was then brought into the fold, and Symbiont was born.

Two short years later, the firm announced new

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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.

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