Harman Patil (Editor)

Symbiont (company)

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Type  Delaware Corporation
Website  http://symbiont.io
Industry  Blockchain technology
Founded  2015

Headquarters  New York City, United States
Brands  Smart Security, Smart Securities
Founders  Adam Krellenstein, Robby Dermody, Evan Wagner, Mark Smith

Symbiont is a blockchain technology company based in New York City, developing products in smart contracts and distributed ledgers for use in capital markets. Their product provides a simple interface for specifying the terms and conditions when issuing smart securities, as well as integration with market data feeds. (Smart securities are self-enforcing, self-executing smart contracts that reduce the time and cost of managing assets and transactions with traditional systems.) Investors include Duncan Niederauer, former CEO of the New York Stock Exchange, and former co-head of Citadel Matt Andresen. Three of the founders of Symbiont are also founders of Counterparty.

As of 2016, Symbiont is working with the State of Delaware on its Delaware Blockchain Initiative, to improve capitalization table management, shareholder communications and regulatory compliance in incorporation. Symbiont has partnered with digital security company Gemalto to employ their SafeNet hardware security modules to cryptographically secure data on their platform. It has also partnered with Ipreo, a global financial services provider owned jointly by Goldman Sachs and Blackstone, in a joint venture, called Synaps Loans, to apply blockchain technology to the US$ 4.7 trillion global syndicated loan market, where settlement periods are around twenty days. Ipreo will contribute its Loan Trade Settlement (LTS) platform to Synaps. Symbiont is a member of the Hyperledger project.


Symbiont (company) Wikipedia

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