Barclays new VC unit to focus on smart contracts and blockchain tech

posted 11 months ago
Barclays has launched a Venture Capital unit with a focus on investing in blockchain technology, smart contracts and artificial intelligence.

Ben Davey leads Barclays UK Ventures (BUKV) and said they focus on “truly transformational new business lines” with the aim of “material contribution” to the bank’s bottom line.

This makes the British bank one of the first in the world to announce a venture capital arm specifically focused on blockchain technology and smart contracts.
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