The Wall Street Blockchain Alliance (WSBA) has announced that BlockEx and RiskSpan have joined the organization as its newest corporate members.

Founded in 2014, BlockEx is a digital asset platform created to handle the entire lifecycle of a digital asset, enabling the creation, issuance, servicing, and exchange of financial assets created using blockchain. Its customers include corporates, financial institutions, governments, and retail traders.

“BlockEx is excited to become corporate members of the Wall Street Blockchain Alliance and the opportunity to work with other association members and partners of the WSBA in the collective goal of educating the broader financial markets community about the benefits of one of the most transformational technologies of the 20th century powering the 4th Industrial Revolution,” Adam Leonard, CEO, BlockEx, said.

RiskSpan was founded in 2001 and offers end-to-end solutions for data management, risk management analytics, and visualization. It takes a holistic approach to help financial professionals maximize how they use data to create smarter, more productive and competitive businesses.

“RiskSpan is excited to be a part of the Wall Street Blockchain Alliance. We’ve helped the world’s leading financial institutions derive actionable insights by solving their toughest data and analytical challenges with our Edge platform. Now, with SmartLink Labs, we’re building a blockchain platform to support structured finance transactions across different asset classes. We feel that aligning with the Wall Street Blockchain Alliance will help bolster our presence in this space as SmartLink Labs continues to develop its technology,” Mr. Suhrud Dagli, Co-Founder of RiskSpan, Inc. said.

The WSBA, an industry leading non-profit trade association, aims to advocate, guide and promote comprehensive adoption of blockchain and distributed ledger technology (DLT) across financial markets.

“We are privileged to have these new corporate members join the Alliance. Collectively they represent some of the most innovative applications of cryptoassets and blockchain technology, and we look forward to working with them and our other global members to enable comprehensive adoption of blockchain across financial markets and beyond,” Ron Quaranta, Chairman of the WSBA stated.