Morgan Stanley latest to exit R3
Bank follows Goldman Sachs and Santander in leaving the blockchain consortium
According to the Wall Street Journal and others, Morgan Stanley will leave R3, as predicted on Finextra. This brings the total of banks that have bailed in recent weeks to three, as the membership of the group – which has mushroomed since its formation – shakes out in the wake of calls for the banks to invest to take R3’s blockchain development to the next stage.
First appeared at Finextra