The London State change is the sixth largest exchange in the world by volume. It leads a 20 million dollars investment in blockchain start up Nivaura. It Nivaura will follow the current path, the world’s capital market will work like a high technical machine. Apart from multiplex web, investors will have their own equipments or assets by using the block chain technology which is very much famous in these days by Bitcoin.
The Nivaura had a very occasional media appearances in three years but it becomes notable among the some of the largest financial players in the world after leading 20 million dollars bet on blockchain.
If Nivaura aims its goal on time, the Nivaura CEO thinks that the time for different financial activities to the market like bonds, loans, and equity will be reduced atleast by 60% which will help the investors also.
Nivaura is currently working with about 30 people of England and Italy, while it is planning to expand its team to the United States and Asia using the new funding. The company is also planning to invest the funds in research and development efforts.
Nivaura ran to help it learn how to it’s issuance compared with traditional capital markets workflows and with each other in a series of experiments. The company previously issued securities using Bitcoin and Blockchain.
‘At the moment, if I settle and hold securities to a traditional chain of custody, I’m going to pay a basis point fee’ , said Sehra.
“We are happy to deploy connections to the old world, if you like traditional clearing and settling infrastructure” ,said Youll.