/PRNewswire/ Trading Technologies International, Inc., (TT), a global provider of high-performance professional trading software, infrastructure and data.
<p><span>Trading Technologies International, Inc., (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that the company has agreed to be acquired by 7RIDGE, a specialized growth equity firm invested in transformative technologies. 7RIDGE will fuel Trading Technologies organic growth and enable the firm to make targeted strategic acquisitions in the future. Cboe Global Markets, Inc. (Cboe: CBOE) and Singapore Exchange (SGX), who are among the limited partners of the fund managed by 7RIDGE, have voiced their support of the transaction. Terms of the transaction, expected to close before year-end subject to regulatory approvals, were not disclosed.</span></p>
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Digital Asset is well-known in financial services for building enterprise blockchains for stock exchanges but the firm has a larger vision of using its latest funding round to continue building interoperability between networks around the globe, regardless of their underlying technology.
Yuval Rooz, Digital Asset
Yuval Rooz, co-founder and chief executive of Digital Asset, told Markets Media: “We have all these customers that are isolated from one another but we’re seeing the world moving to becoming more connected. We don’t think that you need to choose a winning horse in order to be connected.”
Digital Asset has developed Daml, an open source smart contract language that developers can use to write and deploy full-stack, distributed applications for distributed ledger technologies, blockchain or tradition databases in just days.
IncubEx Closes Most Significant Capital Raise To Date With Distinguished Industry Investors For Environmental Markets Growth Date
04/05/2021
IncubEx, Inc., a leading global product developer of exchange based environmental markets, is pleased to announce it has successfully closed its most significant capital raise to date of $11.8 million resulting in a post-money valuation of $161.8 million with support from distinguished industry leaders.
Prominent IncubEx investors include: Michael Spencer, Chairman of IPGL (Holdings) Limited, Lance Uggla, Chairman and CEO of IHS Markit, Carsten Kengeter of 7RIDGE and Circuitus Capital, Lansdowne Partners and Orsted North America.
The capital raise further enables IncubEx to expand environmental market products and services in geography and scope in response to unprecedented public and private commitments towards sustainability. Environmental commodities have the potential to develop into one of the largest traded asset classes and