BofA, HSBC, Intel, others invest $107 mln in blockchain startup R3
May 23, 2017 at 08:30 AM EDT
NEW YORK, May 23 (Reuters) - Financial and technology companies led by Bank of America Corp, SBI Holdings Inc , HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday.