LSEG acquires Axoni post-trade technology
The transaction is expected to complete in Q4 this year and builds on LSEG’s Acadia acquisition that took place in 2022.
The transaction is expected to complete in Q4 this year and builds on LSEG’s Acadia acquisition that took place in 2022.
The asset management giant will access the software through an integration with its flagship Aladdin platform.
The firm has raised $90 million since its inception, with Deutsche Bank, UBS, and Intel Capital now joining existing investors including Citi, Goldman Sachs and JP Morgan.
Axoni has launched its distributed ledger network for equity swaps, with Citi and Goldman Sachs among the first to adopt the platform.
Goldman Sachs, Citi, JP Morgan, Wells Fargo and Franklin Templeton Investments are also investors in blockchain technology vendor Axoni.
Axoni closes Series B funding round with participation from JP Morgan, Wells Fargo, Franklin Templeton Investments and NEX Group.