Tagged: komgo

Citi Increases Equity Stake in komgo, an Ethereum-powered Enterprise Blockchain Platform for Trade Financing

New York-based Citi, an American multinational investment bank and financial services corporation with over $1.9 trillion in total assets, has reportedly increased its equity stake in komgo, a company that’s developing an Ethereum (ETH)-powered enterprise blockchain platform for trade financing. Citi confirmed that it began… Read More

Lloyds Bank Joins Forces With Blockchain Platform Komgo to Speed up Commodities Trade Finance in the UK

Lloyds Bank announced on Wednesday it has formed a partnership with blockchain-based platform Komgo. Through the partnership, Lloyds Bank is seeking to enable quicker international commodity trade finance using distributed ledger technology (DLT). According to Lloyds Bank, Komgo digitizes and streamlines international trade and commodity… Read More

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