UPDATE 1-Blockchain startup R3 cuts fund-raising target to $150 mln -source
November 21, 2016 at 15:07 PM EST
NEW YORK, Nov 21 (Reuters) - Blockchain company R3 CEV has reduced the amount it aims to raise from bank members in its first large round of equity funding to $150 million from $200 million and is changing the structure of the deal, according to a person familiar with the plans.