The London Stock Exchange Group (LSEG) has acquired fintech company TORA for $325 million.
LSEG, February 22 A technology provider for trading multiple asset classes, including crypto. TORAto 325 million dollars announced its purchase. LSEG also stated that the acquisition will add digital assets to its trading capabilities.
The acquisition is open to LSEG’s future investors. cryptocurrency or non-fungible token (NFT) will enable trade.
Head of LSEG Commerce and Banking Solutions Dean Berry in his statement;
The acquisition of TORA will enable LSEG to offer critical ‘trade’ capabilities.
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TORA Chief Executive Officer Robert Dykes if;
I am happy that TORA will be a part of LSEG. We see this as an incredible opportunity to create additional value for customers in the future. Combining TORA’s trading solution with LSEG’s rich data has the potential to enable customers to trade more efficiently.
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