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Author Topic: [2015-12-29] Blythe Masters Startup Digital Asset Holdings Struggles For Funding  (Read 275 times)
jdebunt (OP)
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December 29, 2015, 08:22:53 AM
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The year 2015 has been quite a significant one for Bitcoin regarding the amount of VC funding flowing into the world of digital currency. However, not every Bitcoin startup is seeing its fair share of success, despite initial excitement regarding what they want to bring to the table. Blythe Masters’ Bitcoin startup – called Digital Asset Holdings – is struggling to secure additional funding,

http://bitcoinist.net/blythe-masters-startup-digital-asset-holdings-struggles-for-funding/
LiteCoinGuy
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December 29, 2015, 10:52:32 AM
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"The banks and financial firms looking into investing, the people said, have also expressed doubts about the actual software solutions Ms. Masters’s start-up is working on, much of which has been put together through purchases of smaller start-ups.

In recent months, the software that Ms. Masters has shown to potential investors allows for the issuance and trading of so-called syndicated loans — large loans broken into pieces and sold to different investors. It can take weeks for trades in this market to go through, a time span that D.A. is trying to shorten.

Investors who have looked at the software, though, say they are not convinced that Ms. Masters’s technology will fix the problems in the loan market, which are attributed as much to human cooperation as to bad software."



ill buy 3 of Blythes blockchares!  Grin

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