Capital Markets Tech / WealthTech
NYSE and Blockchain.com to Explore Selling Tokenized Stocks
The New York Stock Exchange and crypto brokerage Blockchain.com have announced a “strategic collaboration” to explore selling tokens representing NYSE-listed stocks and ETFs on blockchain,
Nasdaq Invests $100M in Kraken Parent Payward, Targets 2027 Tokenized Stocks Launch
Nasdaq‘s venture capital arm is investing $100 million in Payward, the parent company of crypto exchange Kraken, deepening a tokenized-equities partnership first announced in March
RQD Lands $74M as Clearing Infrastructure Race Heats Up
RQD Clearing, the U.S. institutional clearing firm that built its entire clearing operation from scratch rather than layering on top of legacy systems, has secured
BitGo Acquires NYDIG’s Institutional Trading Business in $42.5M Deal
BitGo, a NYSE-listed digital asset infrastructure firm offering custody, trading, staking, financing, and settlement services from regulated cold storage, has entered a definitive agreement and
HSBC Asset Management Invests in Fintech AI Startup Model ML
HSBC Asset Management, through its flagship venture capital strategy housed within its $81 billion alternatives platform, has made a strategic investment in Model ML, the
Nasdaq to Acquire Dark Pool Venue LeveL Markets in Push for 23-Hour Trading
Nasdaq has entered a definitive agreement to acquire the remaining equity of LeveL Markets, operator of the third-largest alternative trading system (dark pool) in the
BBVA to Acquire Société Générale’s 50% Stake in Altura Markets
BBVA has agreed to buy Société Générale‘s 50% stake in Altura Markets, their long-running Madrid-based brokerage joint venture, making BBVA the sole shareholder pending regulatory
Intercontinental Exchange to Acquire MarketAxess, Creating a Premier Fixed Income Marketplace
Intercontinental Exchange (NYSE: ICE) has announced a definitive agreement to acquire MarketAxess Holdings (Nasdaq: MKTX) for $167 per share in cash, representing a 33% premium
Utah-Based AI Fintech Databento Lands $97 Million Series B to Build Out Its Global Market Data Infrastructure
Databento, the Salt Lake City-based CAPITAL MARKETS TECH platform for modern finance founded by former quantitative traders and high-frequency market makers, has raised $97 million
EDX Markets Targets US Trust Bank Charter With $76M Series C
EDX Markets, the New Jersey-based CAPITAL MARKETS digital asset technology company created by Citadel Securities veteran Jamil Nazarali in 2022, has raised $76 million in
EDX Markets Secures $76 Million Series C Led by SBI Holdings to Scale Institutional Crypto Infrastructure
EDX Markets, the CAPITAL MARKETS crypto trading venue and central clearinghouse backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab, Paradigm, and Sequoia Capital, has
ICE, OKX Form Crypto Joint Venture
Intercontinental Exchange and OKX have established a 50-50 joint venture to build next-generation infrastructure for CAPITAL MARKETS TECH and digitally native financial products, following ICE’s