TASE partner Blockchain Technology Partners secures 拢2m round of funding
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TASE partner Blockchain Technology Partners secures 拢2m round of funding 16 July 2021Israel Reporter: Alex Pugh
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The enterprise blockchain company behind the Tel Aviv Stock Exchange鈥檚 (TASE) central blockchain securities lending platform has procured 拢2 million worth of funding.
Blockchain Technology Partners (BTP) announced yesterday that the seed round 鈥嬧�媤as led by Force Over Mass, a London-based venture capital firm, and Signature Ventures, an early-stage venture capital fund based in Munich and Berlin.
BTP was introduced to TASE by Intel and offered access to its management platform, Sextant, and to provide ongoing support after the launch. TASE provides a distributed service available to all Israeli market participants designed to increase market volumes and make securities lending available for more players.
Blockchain Technology Partners (BTP) was founded in 2018 with the mission to bring the benefits of distributed ledger technology to business. BTP enables organisations to build multi-party applications by taking care of the underlying technology infrastructure.
BTP CEO and co-founder Duncan Johnston-Watt says: 鈥淲e are delighted to welcome Force Over Mass and Signature Ventures as investors. Force Over Mass鈥� focus on B2B software and Signature Ventures鈥� vision of a decentralised future are complementary and mesh perfectly with our own mission to accelerate the adoption of blockchain technology by enterprises across the board.鈥�
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