Ex-NYSE head among trading veterans backing blockchain start-up

The former head of the New York Stock Exchange is among veteran trading executives who are backing a start-up that aims to use the type of technology that underpins bitcoin for securities issuance and trading. Duncan Niederauer, the previous chief executive of NYSE, is part of a group that has produced $1.25m of seed money for Symbiont. The other members are Matt Andresen, trading head at Citadel who founded the Island ECN, and Getco founders Dan Tierney and Stephen Schuler.

Read full article: https://www.ft.com/content/0823a136-0ead-11e5-9ae0-00144feabdc0

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