PANews reported on November 20 that according to Bloomberg, Fnality International Ltd., a blockchain company backed by major banks such as Goldman Sachs Group and UBS Group, is evaluating candidates to take over the leadership of the company after CEO Rhomaios Ram plans to retire. A company spokesperson confirmed that Ram, 60, has expressed his intention to resign to the company's board of directors, but will continue to serve until a successor is appointed and the transition is successfully completed.