UK blockchain fintech company Setl expands to E.U. settlement system as it gets approval from the French securities regulator, the Financial Times reports.
Earlier Setl received a license from the Autorite des Marches Financiers and can has the opportunity to connect to the Target2-Securities platform — a pan-European network with €1 billion budget.
It’s expected that official approval for Setl will be issued soon enough.
Setl is a blockchain startup that was formed in 2015 by ex-CEO of the stock exchange Chi-X Peter Randall and Anthony Culligan.
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