Deutsche Boerse invests in bond trading platform Trumid
German exchange operator Deutsche Boerse Group (DB1Gn.DE) has made a $10 million investment in Trumid, a New York-based financial technology startup that runs an electronic corporate bond trading platform, the companies announced on Monday. Trumid, which is backed by venture capitalist Peter Thiel and investor George Soros, will collaborate with Deutsche Boerse to develop products and services for the European market. Deutsche Boerse’s investment is an add-on to $28 million raised by Trumid earlier this year from investors including Chinese financial firm CreditEase.
Source:: https://finance.yahoo.com/news/deutsche-boerse-invests-bond-trading-101104188.html
