Axoni Closes $32 Million Funding Round Led by Goldman Sachs

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Axoni, a New York-based enterprise provider of blockchain technology, has completed a $32 million Series B funding round. Major players took part in the funding round including  Goldman Sachs, NYCA Partners, Digital Currency Group, J.P. Morgan, Wells Fargo, Citi and Andreessen Horowitz. The funding round was announced on Axoni’s official blog, Aug. 14. Founded in 2013, Axoni specializes in delivering distributed ledger technology to a variety of leading financial institutions. Additionally, the company uses their AxCore technology in a plethora of markets including high-volume foreign exchanges and derivatives. Through the years, the company has forged plenty of strategic partnerships, which Axoni’s CEO Greg Schvey attributes to the company’s success: “Our strategic partners have been critical to our success so far; we are delighted to strengthen and expand those relationships with this financing as we continue to deploy Axoni’s technology.” Moving forward, Axoni will utilize the funding to expand its