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Tag Archives: LSEG

Britain’s M&G Invests $20M in Crypto Derivatives Platform GFO-X

By providing $20 million, M&G is helping GFO-X create a properly regulated environment for safe access to crypto derivatives trading. Global Futures and Options (GFO-X), a crypto derivatives trading platform based in the UK, has announced it received a $20 million investment from the asset management arm of pensions provider M&G Plc. According to GFO-X, the investment was part of a $30 million series B funding round for the company. This confirms that M&G is the lead in the...

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Metro Bank Shares Jump 26% after Securing $400M Capital Raise

Colombian banker and real estate developer Jaime Gilinski Bacal pumped £102 million making him the dorman stakeholder with 53% stake. During the early trading hours on Monday, October 9, shares of Metro Bank Holdings (LON: MTRO) jumped by a staggering 26%. At press time, the MTRO stock is trading at 52.60 GBX.  Metro Bank Shares The sharp surge in stock price comes as Metro Bank announced a £325 million ($395.6 million) capital raise and £600 million in debt refinancing on Sunday, October...

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London Stock Exchange Group Plans to Embrace Blockchain Technology for Operational Efficiency

Murray Roos clarified that the exploration of blockchain does not mean that the exchange is delving into cryptocurrencies like Bitcoin and Ethereum. The London Stock Exchange Group (LSEG), one of the oldest and most reputable stock exchanges in the world, is embarking on the integration of blockchain technology into its operations according to a report by Financial Times. London Stock Exchange Group and Its Interest in Blockchain The reputable exchange has been in operation for centuries,...

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