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Latest Results from /markets

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FS giants prep for cyber defence exercise

The Financial Services Information Sharing and Analysis Center (FS-ISAC) has brought together nearly 30 financial firms for a Nato live-fire cyber defence exercise.

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Communications surveillance outfit VoxSmart raises $12m

London-based communications surveillance group VoxSmart has raised $12 million in funding from existing investors, including ToscaFund.

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Deutsche Börse leads €8 million investment in Next Gate Tech

The corporate venture capital unit of Deutsche Börse has led an €8 million investment round in Next Gate Tech, a supplier of data management software to the funds industry.

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T Rowe tests Avalanche blockchain Subnet

T Rowe Price Associates and WisdomTree are among the FS firms testing the Avalanche blockchain for executing FX and interest rate swaps.

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FCA to host Greenwashing TechSprint

The UK's Financial Conduct Authority is to host an international operational forum aimed at developing tools to tackle the rising tide of greenwashing in financial services.

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Welcome to BloombergGPT, a large-scale language model built for finance

Market data giant Bloomberg is set to capitalise on the craze for all things AI by building a 50-billion parameter large language model for finance, dubbed BloombergGPT.

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JPX takes stake in Nomura-led blockchain business Boostry

Japan Exchange Group (JPX) is taking a stake in Nomura-led blockchain project Boostry as part of a deal to push the development of the security token market.

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SEB and Crédit Agricole launch green-tinged blockchain-based bond platform

SEB and Crédit Agricole CIB are jointly launching so|bond, a sustainable platform for digital bonds built on blockchain technology that rewards participants for improving their environmental footprint.

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24% think UK banking industry is in a bad shape - YouGov

A YouGov poll has found that only 32% believe the UK banking sector is in a good state.

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LeapXpert raises $22m for finserv messaging platform

Business communications vendor LeapXpert has raised $22 million in a Series A+ funding round led by Rockefeller Asset Management through its Technology Ventures Group.

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More Wall Street giants back Versana syndicated loan platform

Deutsche Bank, Morgan Stanley, US Bank and Wells Fargo are the latest financial services players to back Versana, joining a $40 million capital raise for the syndicated loan platform.

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United Fintech splits Cobalt into separate FX and digital asset ventures

Following its recent acquisition by United Fintech, Cobalt is relaunching as CobaltFX and spinning off its digital asset business to a new venture on the same platform.