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Latest Results from /markets

/markets

Nasdaq acquires Adenza for $10 billion

Nasdaq is to acquire capital markets software house Adenza from Thoma Bravo for $10 billion, reinforcing its positioning as a "technology company serving the global financial system".

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A16z crypto opens first overseas office in UK

A16z crypto, the Andreessen Horowitz venture capital fund dedicated to crypto and Web3 startups, has chosen the UK as its first overseas office outside the US.

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Binance.US suspends dollar deposits

Days after the SEC sued it, the US arm of Binance says it is suspending dollar deposits and that its banking partners are preparing to pause dollar withdrawal channels.

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CAB Payments plans London listing

British business-to-business cross-border payments firm CAB Payments is planning to list on the London Stock Exchange.

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SEC sues Coinbase

The Securities and Exchange Commission has sued Coinbase for operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency.

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SEC sues Binance and CEO Changpeng Zhao

The Securities and Exchange Commission has sued Binance and its CEO Changpeng Zhao, alleging a host of securities law violations and accusing the world's largest crypto exchange of engaging in an "extensive web of deception".

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BNP Paribas and NatWest go live with CobaltFX Dynamic Credit

BNP Paribas and NatWest are going live with technology from CobaltFX that is designed to simplify and streamline the allocation of credit for FX transactions between banks and improve access to liquidity.

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HSBC launches ESG Index

HSBC has launched a global Index that uses artificial intelligence to help measure the improvement of a company’s ESG credentials and their potential for positive financial performance.

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Google Ventures backs carbon removals market-making platform CUR8

Google Ventures has led a £5.3 million pre-seed funding round for CUR8, a market-making platform for carbon removals.

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Temasek docks pay over FTX investment

Singapore state-owned investment fund Temasek Holdings has cut the pay of employees responsible for its $275 million investment in failed cryptocurrency exchange FTX.

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Digital Currency Group shuts institutional trading platform

Digital Currency Group (DCG) is closing its trade execution and prime brokerage services outfit, TradeBlock, citing the crypto winter, broader economy, and US regulatory environment.

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Bank of America leads $35 million round in OpenFin

Bank of America has led a $35 million Series D investment in capital markets operating system provider OpenFin, with significant participation from existing investors Pivot Investment Partners and ING Ventures