Blockchain group R3 has changed its membership structure and dropped its funding target to $150 million from $200 million while offering member banks a 60% equity stake. While a number of banks are signing on, two original members — Goldman Sachs and Banco Santander — are not renewing their memberships.
The Trade (UK) (11/21), Reuters (11/21), The Wall Street Journal (tiered subscription model) (11/21
