Global blockchain consortium Agentic Group opens in London

Agentic Group, a New-York-based global blockchain consortium, today announced their expansion into the UK with the opening of their London office. The launch of Agentic UK aims to boost the fintech sector following the Brexit vote in June, said a statement.

Formed in 2015, the Agentic Group is a membership-driven consortium with over 35 blockchain and digital currency-related companies worldwide. The group provides insight, advice, consultation and development services to corporations, non-profit organisations, and government agencies, as the world seeks to understand and leverage emerging blockchain applications.

Rik Willard, founder and managing director of Agentic Group, said: "The Agentic Group was founded in response to the need for a cohesive voice in the field that addresses not only the financial implications of digital currencies and blockchains, but also the significant ramifications for the rest of the global business community."

The man at the helm of Agentic UK is Lucas Cervigni, serial entrepreneur and global fintech industry veteran.

Cervigni, managing director of Agentic UK, said: "Representation in the UK is key for many reasons. Currently the fifth largest economy in the world, Britain boasts a strong history of excellence in the financial services sector. Outside of New York City, London has for decades been considered a financial hub where not just multi-national financial institutions are located but innovative financial technology startups choose to settle and grow."

Commenting on the impact of Brexit Cervigni said, "There is no doubt the number of debates on blockchain technology and digital currencies is increasing and will continue to do so, despite the Brexit vote. It is our aim to enhance these conversations with insight into the world-changing opportunities these technologies offer from pioneers in the space. We will provide insight and consultation on what the possible disruption of the EU referendum vote could have on these revolutionary technologies."

Eric Benz, co-founder and chief operations officer of Credits said: "Agentic Group is an exciting consortium focused on providing a voice to the regulated industries most interested in exploring blockchain technology. As a founding member, Credits, will be providing the framework for a number of initiatives and projects soon to be announced."

Agentic UK is the second European office to be opened by the Agentic Group in the past month, with the launch of Agentic France taking place in June 2016.