Share this article

ItBit to Host Private Blockchain Summit for Wall Street Elite

Bitcoin exchange itBit is hosting a private gathering of financial professionals in New York on Monday.

Meeting

New York-based bitcoin exchange itBit is set to host a private gathering of financial industry professionals on Monday, 27th July.

The all-day, invite-only "Bankchain Discovery Summit" will be held at one of the city's Convene locations, a meeting space provider operating in both New York and Washington, DC.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Expected attendees are said to draw largely from major banks, brokerages and exchanges.

An invitation obtained by CoinDesk reads:

"Join us for the inaugural itBit Bankchain Discovery Summit. Interact with industry peers, hear from our panel of experts and address topical blockchain use cases that will shape the future of the financial services industry."

Little is known about itBit's Bankchain project, which is described as "the first consensus-based ledger system exclusively for financial institutions" on its official website. The company declined to offer specifics on the initiative when previously reached but suggested it would make details public in the near future.

The event is not open to the press, according to an itBit representative.

Boardroom table image via Shutterstock

Stan Higgins

A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry. Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).

Picture of CoinDesk author Stan Higgins