Deutsche Börse announces strategic investment and partnership with Trumid
July 10, 2017

Deutsche Börse Group says it has entered into a strategic co-operation with Trumid, a financial technology company that provides an electronic trading network for corporate bonds.

The Group says it will invest US$10 million for a minority stake as an add-on to Trumid's previously disclosed $28 million financing from earlier this year.

Trumid will use the new funding to continue enhancing and expanding its technology offering. Both firms will work together to develop products and services for the European market.





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Deutsche Börse Group says it has entered into a strategic co-operation with Trumid, a financial technology company that provides an electronic trading network for corporate bonds.

The Group says it will invest US$10 million for a minority stake as an add-on to Trumid's previously disclosed $28 million financing from earlier this year.

Trumid will use the new funding to continue enhancing and expanding its technology offering. Both firms will work together to develop products and services for the European market.



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