Blockchain for Banking Capital markets News

Deutsche Börse Venture Network enables blockchain digital shares

digital stocks shares
Yesterday, the Deutsche Börse Venture Network (DBVN) added blockchain fintech firm Cashlink to its member list to offer digital shares to investors. Using Cashlink’s distributed ledger technology (DLT), members of DBVN can get access to the issue of digital securities. Founded in 2015, DBVN connects investors and startups to help drive growth in pre-IPO companies. It boasts of 190 companies and over 375 global investors. The network has raised roughly $3.6 billion to date, and seven investee firms have listed on the Frankfurt Stock Exchange. Startups sometimes get seed funding from friends, family and anywhere they can. But as they grow, they often tap professional investors, whether that’s venture capital funds, business angels or high-net-worth individuals. These digital securities are only available to this kind of investor.

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