Chinese insurance giant Ping An was one of the 40 financial services companies to contribute to financial technology firm R3’s US$107 million series A fund-raising round. Photo: Reuters

Blockchain firm R3 raises US$107m from investors including Ping An and HSBC

Financial institutions continue to collaborate to develop infrastructure for distributed ledger technology

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Chinese insurance giant Ping An was one of the 40 financial services companies to contribute to financial technology firm R3’s US$107 million series A fund-raising round. Photo: Reuters
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