Axoni, a distributed-ledger tech firm, has scored another big-bank investor in Citigroup.
The New York startup would not specify the amount Citi has invested in it, but it now sizes its Series A round at more than $20 million. When the round was announced in December, with Wells Fargo and Euclid Opportunities, ICAP’s fintech investment business, as the lead investors, the total was $18 million. Simple math therefore suggests Citi put in more than $2 million.
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