Global Debt Registry is locating to the Mill office, co-working space in downtown Wilmington.
GDR is currently expanding its technology team and is hiring for development positions in the area.
Global Debt Registry is a private equity-backed startup that works with investment banks to bring the structured credit and lending market operations onto blockchain.
Blockchain offers a way to move online transactions in a secure manner. The State of Delaware has been engaged in efforts to use the technology.
GDR also has a presence in New York City, with the Delaware office focusing on technology including blockchain engineering. The company hopes to take advantage of the area’s experience in banking technology development. The Wilmington office will be led by GDR’s Chief Technology Officer Robert Brown.
“We’re very excited to begin this new phase of GDR’s journey within such a great environment,” says Robert Brown. “Wilmington has a strong technology start up community with a rich talent pool of experienced technologists within financial services, and beyond. GDR is proud to now be a member of that community and excited to be collaborating with such talent.”
GDR is planning a series of quarterly meetups for technologists within the blockchain, fintech space and beyond. The meetups will serve as a discussion platform for local startups to showcase the great work they are doing in their fields, bring in expert speakers for panel discussions, and provide a platform for networking and partnership between organizations. The first meet-up will take place in the first quarter of 2019.
Global Debt Registry was recently named one of CIO Outlook’s Top 10 Blockchain Solution Providers.