Australian stock exchange officially scraps plans for blockchain settlement
ASX has been delaying and postponing its blockchain plans for months and in its recent meeting, it officially discarded the plans at a cost of $170 million.
Latest Australian Securities Exchange News
Australian Securities Exchange scraps blockchain settlement over excessive complexity, loses $168M
A report by Accenture identified several problems with the process, including the need for clearer communication by tech partner Digital Asset and uncertain timelines.
Australian renewable block reward mining company doubles latest pre-IPO funding round
Iris Energy has raised its funding round target to AU$40 million, equivalent to US$31 million, up from an original target of AU$20 million.