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Source: R3 is weighing options including sale

insiders revealed that R3, a blockchain startup based in New York, has had preliminary discussions with representatives from Ava Labs, Solana Foundation, and Adhara. These discussions have been ongoing for at least six months and have included various options such as joint ventures, minority equity sales, or complete sales. Insiders said that although its Corda technology is used by several real-time platforms, including the digital asset trading platform of the Swiss stock exchange, some projects have not entered the testing phase. The company fired about one-fifth of its employees a year ago and currently has 200 to 250 employees.

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