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The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibi...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support
According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […]

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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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