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Fintech

Blockchain start-up R3 brushes off Brexit and doubles down in London

The company appears unperturbed by reports of increasing strain on the capital’s tech talent pool

Friday, 2 August 2019 at 11:35

R3, the blockchain provider backed by some of the world’s largest banks, has brushed off the ongoing Brexit uncertainty by taking new office space and preparing for a hiring spree in the UK capital.

R3 said on August 1 that it has doubled the size of its hub on London Wall in the City to make more room for its growing team of engineers. The company also said it will increase its global headcount from 215 to 300 by the end of 2019, with more than half the new hires based in London.