Portugal's Banco Best and Luxembourg-based platform Fundsquare said in their statement after the test that it had showed cross-border distribution over blockchain was "more efficient, scalable and timely in processing."
The product offers a range of retail investment solutions such as stocks, shares, bonds and collective investments.
Paid with the country’s near-worthless bank notes, these amateurs in turn supply the government with hard currency to purchase badly needed imports of food and hygiene products. This gold trade is a blip on international markets.
Based in London, Leeds and Salisbury, Progeny employs more than 35 investment professionals and more than 20 lawyers.