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Trading firm @zodiamarkets says it’s buying the OTC trading arm of London-based Elwood Technologies. https://t.co/fwp3ii4eDN
ELWOOD SELLS OTC BUSINESS TO ZODIA MARKETS Elwood Technologies will sell its Jersey-based digital asset OTC trading business to Zodia Markets, a subsidiary of Standard Chartered. The sale aligns with Elwood’s strategy to focus on its institutional SaaS platform. This… https://t.co/NmzXLWvidr
ELWOOD TO SELL OTC BUSINESS TO ZODIA MARKETS Standard Chartered’s Zodia Markets will acquire Elwood Technologies' Jersey-based digital asset over-the-counter trading business, Elwood Capital Management. The acquisition provides Zodia Markets with virtual asset service provider… https://t.co/10WsXNPn2D
Elwood Technologies, backed by Alan Howard, has announced the sale of its Jersey-based digital asset over-the-counter (OTC) trading business, Elwood Capital Management, to Zodia Markets, a subsidiary of Standard Chartered. The acquisition aligns with Elwood’s strategy to focus on its institutional SaaS platform. Zodia Markets, which is an institutional crypto trading firm, confirmed the acquisition, which will enhance its capabilities as a virtual asset service provider.