Blockchain is Maturing and Traditional Financial Institutions are taking notice
Chennai, Tamil Nadu, India: Intain Inc., a leading provider of blockchain-enabled structured finance platform for issuers and investors to connect in an efficient, secure and trusted way, announced today that more than $4 billion (about INR 30,000 Crores) of deals are now being administered on its platform. Such large-scale adoption of a blockchain platform by traditional financial institutions, legitimizes the industry at a crucial stage in the evolution of enterprise blockchains.
Founded by Siddhartha, a financial services industry veteran with experience in managing Deutsche Bank and State Street operations, and Sanjay Nishank, an IIM Bangalore alumnus with technology experience in financial services in the U.S. and Europe. In addition, Intain’s teams in India and the U.S. combine rich experience in structured finance from the likes of Deutsche Bank, Moody’s and BNY Mellon.