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Russia, Switzerland, Sberbank, blockchain, trade finance, platform, commodity trade finance, subsidiary, komgo, trade finance platform, trade finance service, digitisation, Commonwealth of Independent States, trade flows
US-based bank Citi has upped its investment in the Ethereum-based decentralised trade financing startup Komgo.
komgo, Citi, Citi bank, Citi Group, Ethereum, blockchain trade finance, trade finance, startup, banking, US, United States
Japan-based MUFG Bank has completed its first live blockchain transaction on the commodity trade finance platform, komgo.
komgo, MUFG, letter of credit, trade finance, blockchain trade finance platform, trade finance platform, MUFG Bank, ABN AMRO, BNP Paribas, Citi, Crédit Agricole Group, Gunvor, ING, Koch Supply & Trading, Macquarie, Mercuria, Natixis, Rabobank, Shell, SGS, Société Générale