Digital Asset Holdings, LLC, a New York City-based developer of distributed-ledger technology for the financial services industry, reports that it has “raised more than $50 million in funding” from several prominent financial industry players. The company’s new investors are: ABN AMRO, Accenture, ASX Ltd., BNP Paribas, Broadridge Financial Solutions, Inc., Citi, CME Ventures, Deutsche Börse… Read More >>
Deutsche Börse Group Buys 360T Group
Deutsche Börse Group, founded in 1993, has signed a definitive agreement to acquire 360T Group, a multi-bank, multi-asset trading-platform provider. The purchase price of the acquisition, subject to regulatory and anti-trust approval, is €725 million ($787.4 million), according to a 360T statement. The acquisition will “position 360T for continued strong global growth on a new… Read More >>
Deustche Börse Group Launches EU Publication
The Eurozone has served up one curveball after another to investors lately, ever since the 2008 U.S. financial crisis made its way across the pond a few years later and began throwing European economies into disarray. That’s why Market News International, a media organization owned by Deutsche Börse Group, has decided to throw its hat… Read More >>
SocGen CIB Acquires Stake in GMEX
Societe Generale Prime Services – formerly Newedge – reports that it has acquired a minority stake in Global Markets Exchange Group International (GMEX Group). The Societe Generale investment follows the recent taking of a minority stake in GMEX Group by Deutsche Börse Group. Societe Generale “plans to provide execution and clearing services for clients trading… Read More >>