SETL Ltd, the now London-based institutional payment and settlement infrastructure provider using blockchain technology, today announced the completion of its corporate restructuring plan.
At the beginning of March this year, the previous entity, SETL Development Ltd (in administration), announced that it had appointed Quantuma LLP as its administrators.
Under the direction of its CEO, Philippe Morel, who joined in 2018, SETL Ltd has considerably restructured its cost-base, refocused its operations in London and the Ipswich development center, and expects now to deliver healthy financial performance for its shareholders.
The objectives of the appointment of Quantuma LLP by the Board were twofold. Firstly, to act as a neutral party to rep…
Read the full article at: https://www.cryptoninjas.net/2019/05/03/blockchain-payment-company-setl-completes-its-corporate-restructuring/