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

📆 9/07/2024 1:15 p. m.
📰 TheBlock__

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

Companies Noticias

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.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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