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Fintech

Blockchain group R3 recruits former CLS chief as adviser

David Puth joins as strategic adviser, after stepping down from CLS Group in September

R3, the start-up developing blockchains for banks, has appointed the former boss of foreign exchange settlement house CLS Group as a strategic adviser.

David Puth joins R3 amid an investment and hiring drive that will see the group add an additional 50 staff.

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