News Formal

Standard Chartered-backed Zodia Markets in talks to acquire Alan Howard-linked investment company: report

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 16 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

Companies Nouvelles

Deals,Exchanges,Mergers &Amp

The deal, which would represent Standard Chartered’s latest foray into crypto, is reportedly expected to close this month.

Zodia Markets, a subsidiary of Standard Chartered, is in acquisition talks with Jersey-based over-the-counter digital asset trading and settlement services business Elwood Capital Management, according to Bloomberg.

Acquiring Elwood Capital would give Zodia Markets virtual asset service provider licenses in the self-governing British island nation of Jersey as well as a functioning OTC trading services business. Elwood is backed by billionaire hedge fund manager Alan Howard, who co-founded Elwood Technologies in 2018.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 464. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple FinanceIan Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
La source: CoinDesk - 🏆 291. / 63 Lire la suite »