Enterprise Blockchain Consortium R3 Mulls IPO, Outright Sale: Report

Enterprise blockchain startup R3 is the latest industry firm to hold high-level discussions about taking its business public. Wall Street-Backed R3 Eyes Public Offering Citing anonymous sources familiar with the matter, Bloomberg reports that the New York-based firm has approached advisers holding an initial public offering (IPO). The sources also said that potential buyers have approached the company seeking to purchase it outright. R3 has raised more than $120 million in funding since its launch in 2014, attracting investments from a variety of high-profile financial companies including Bank of America…