DTCC, which processes hundreds of millions of trades a day, is expanding its projects related to blockchain, as it finds new uses for distributed ledger technology.
CoverWallet will need more capital to scale, drive deeper user engagement, and possibly enter new markets and new business lines.
But as use cases proliferate for distributed ledgers, so do vendors, coding languages, and the number of emerging intermediaries.
DarcMatter's online network matches LPs such as family offices with alternative asset managers.