MTS bought 51% of Factorin, a Russia-based trade-finance service.
Former RBS bankers from blockchain startup LAB577 built the bridge.
Aegis Custody wants to build a tokenized bridge between U.S. investors and trade finance opportunities in Asia.
Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others.
BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology.
IBM has become a shareholder in we.trade, the blockchain-based trade-finance platform jointly owned by 12 European banks.
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan.
The bank has signed on to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm.
Thirty-eight banks have started using the platform since it entered the test phase in September 2018.
Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.
Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade.
The third largest bank by assets in Japan, is set to begin utilizing R3's Marco Polo trade finance blockchain on a commercial basis by the end of 2019.
Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform.
Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network.
The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech.