New York-headquartered blockchain consortium Agentic Group marked its arrival in the United Kingdom with the opening of its London base on July 25th, extending its European footprint. This marks the s
New York-headquartered blockchain consortium Agentic Group marked its arrival in the United Kingdom with the opening of its London base on July 25th, extending its European footprint. This marks the second continental outpost for the organization in as many months, following the establishment of operations in France during June. Spearheading the venture is veteran entrepreneur Lucas Cervigni, whose background in financial technology will guide Agentic UK's mission to help the traditional corporate landscape understand blockchain's potential amid the post-Brexit environment.
The initiative will feature a calendar of gatherings that bring together key voices in blockchain and digital asset sectors alongside business leaders seeking to grasp these technologies' strategic implications. Cervigni expressed confidence in the endeavor's timing, noting: "Blockchain and digital currency conversations are accelerating regardless of the Brexit outcome. Our role is to deepen these discussions by bringing forward the transformative possibilities that pioneers in this field have demonstrated."
He elaborated on Britain's significance: "The UK's standing as the world's fifth-largest economy and its proven track record in financial services make London essential for our work. Beyond New York, the capital serves as the planet's preeminent financial center—home to multinational banking giants and a magnet for ambitious fintech ventures alike."
Established in 2015, Agentic Group functions as an international network comprising more than 30 organizations active in blockchains and digital currencies. The membership roster spans BitGive, Blockchain Clearing Corp., Loyyal (previously Ribbit.me), Steemit, and Consensus Systems (ConsenSys). The group delivers strategic guidance, consulting expertise, technical development, and awareness-building conferences aimed at government bodies, charitable entities, and commercial enterprises.
The blockchain space has witnessed a proliferation of industry consortia over recent years as organizations worldwide evaluate blockchain possibilities for operational gains and cost reduction. R3CEV, operating from Manhattan, commands the sector's largest coalition with over 50 financial institutions collaborating on blockchain research. The consortium recently welcomed Absa Bank, the Barclays Africa Group subsidiary based in South Africa, to its membership. The South African bank has maintained an active blockchain exploration program for several months, having initiated a continental supply chain blockchain competition last year through its Rise innovation platform and co-sponsoring the continent's second dedicated Blockchain and Bitcoin forum in February. Currently, the institution is running more than ten separate blockchain initiatives within its organization.
"Our team has followed these developments closely, and opportunities emerging in both our corporate and investment banking units are becoming increasingly compelling," reflected James Scott, the bank's Chief Digital Officer for its Corporate and Investment division.
Alongside R3, the Linux Foundation's Hyperledger Project represents another significant collaborative effort. Debuting in late 2015, this open-source venture seeks to construct professional-grade blockchain infrastructure for executing transactions and orchestrating asset flows within business ecosystems.
