PARTNERSHIP AIMED AT INTEGRATING BLOCKCHAIN TECHNOLOGY INTO THE FINANCIAL SERVICES ECOSYSTEM
MADRID and LONDON and NASHVILLE, Tenn., June 15, 2022 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB), a leading global asset management firm, and Allfunds Blockchain, the arm of Allfunds (AMS: ALLFG) specialized in blockchain technology, have announced a collaboration to adapt AB's asset services activities to the blockchain ecosystem.
Allfunds Blockchain's dedicated funds technology offers the possibility to transform operational processes in the fund industry value chain and provide legacy platforms with efficiency, agility, accuracy, and the increased safety blockchain technology delivers. AB will connect its global operational activity with the Allfunds platform to Allfunds Blockchain, where it will enjoy all the benefits of the solution, as well as Allfunds' global scale and growing offering. The collaboration will offer Allfunds Blockchain solutions across AB's EU...
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