Thu, 1 Mar 2018
XVA blockchain is designed to revolutionize collateral services in derivatives trading. Advanced Blockchain Solutions will therefore utilize the superior speed, full transparency and built-in security of the blockchain in order to oﬀer a unique service to ﬁnancial institutions that are engaged in OTC derivatives.
Advanced Blockchain Solutions have engaged with Challenge Advisory regarding a strategic partnership for funding. Challenge Advisory will be working in close partnership with Advanced Blockchain Solutions to introduce them to relevant investors and manage their funding round.
Thomas Park, Co-Founder and CMO of Advanced Blockchain Solutions, said of the campaign, “It’s a situation many founders and start-up companies face: a great idea that has the potential to change an entire industry, but lacks initial financial support needed for execution. We at Advanced Blockchain Solutions have been there and Challenge Advisory is proving a reliable partner to us in raising funds to support our entrepreneurial vision and make our idea a reality.”
Chris Burns, Partner at Challenge Advisory, continued, “As we continue our work with startups aligned with our strategy of disrupting the Financial Services sector using Blockchain technology, we are delighted to be partnering with the talented team at Advanced Blockchain Solutions and supporting their growth through our Funding practice.”
Download Challenge Advisory’s funding practice brochure here, to find out more about our work across new and developing technologies.
About Advanced Blockchain Solutions:
Advanced Blockchain Solutions provides collateral services in derivative trading to banks and other financial institutions. They have identified three established usecases and re-thought them as applications operating on blockchain (distributed ledger) technology.
About Challenge Advisory:
Challenge Advisory LLP is a multi-sector strategy consultancy. We partner with disruptive and innovative organisations to help facilitate their growth, providing revolutionary solutions in Strategy, Funding, Talent, Design, Sales & Marketing.
About Challenge Advisory’s Funding Practice:
Our Venture Financing Practice works in partnership with innovative technology companies who will disrupt the status quo; supporting these businesses in their growth from revolutionary concepts to successful global organisations. From VC funding for startups to investment capital consulting, Challenge Advisory’s Funding team will deliver the solutions you require.
Company Name: Challenge Advisory
Contact Person: Alfred V Gilbert
Country: United Kingdom