CoinShares, a European digital asset investment firm, has, following approval from the Swiss Financial Market Supervisory Authority, acquired an additional 20.8 per cent stake in Swiss-based FlowBank. This acquisition was priced at CHF24,740,000. Following the Company’s October 2021 strategic investment
Alan Howard founder of hedge fund Brevan Howard has led a USD7.5 million Series A funding round in Nested, a social trading platform that enables users to create and invest in “financial NFTs”, according to a report by CoinBase.
Xpansiv, a global marketplace for ESG commodities, is to acquire a 100 per cent ownership stake in APX, Inc, a provider of registry infrastructure for energy and environmental markets. Upon receipt of regulatory approvals, Xpansiv will initially acquire a 20
Hildene Capital Management (Hildene), an asset management firm focused on distressed and event-driven opportunities within credit, has entered into a strategic relationship with Leucadia Asset Management (LAM), a division of Jefferies Financial Group Inc. In connection with the transaction, LAM
Thetanuts Finance has closed an USD18 million seed round, led by Three Arrows Capital, Deribit, QCP Capital, and Jump Crypto. The funding will finance the development of Thetanuts Finance’s structured products platform and user-friendly instruments in the crypto derivatives ecosystem.
An affiliate of New York-based hedge fund Standard General and private equity firm Apollo Global Management are to acquire US broadcast and digital media company TEGNA for USD5.4 billion.
London Stock Exchange Group (LSEG) has agreed to acquire TORA, a cloud-based technology provider that supports customers trading multiple asset classes across global markets, for USD325 million. Founded in 2004, TORA offers trading technology solutions. This includes an order and
Piper Sandler Companies has completed the acquisition of macro research firm Cornerstone Macro. Cornerstone Macro’s senior research analysts connect macro insights from around the world to deliver a comprehensive overview of important global trends. Cornerstone Macro will continue providing its
Rising Sun Management (RSM) has offered to buy 100 per cent of Japanese marketing research firm Intage Holdings for JPY1900 per share through its Japanese vehicle Hikari Acquisition KK. The offer values Intage at approximately JPY76.7 billion. Paul ffolkes Davis,
Apex Group has acquired BEST Alternative Advisory Services (BEST), an India-based, specialised financial services provider. The acquisition of BEST will add assets under administration (AuA) of USD30 billionn to the Apex Group, and an additional 35 employees based in Mumbai.
