Blockchain startup TradeIX is looking to expand its headquarters in Dublin, Ireland with the hiring of about 70 more staff.

Technology partner for the Corda-based Marco Polo trade finance network, the startup raised a $16 million Series A round led by ING Ventures and including BNP Paribas, Tech Mahindra and Kistefos.

Robert Barnes, CEO and founder TradeIX, “TradeIX established its global headquarters in Dublin with over 35% of its workforce based in the Irish capital. We are building the world’s first distributed trade finance platform powered by Corda blockchain technology, and the Irish operation plays a pivotal role in developing and scaling the company’s solutions.”