TechFlow news — TMX Group Limited has successfully completed the acquisition of the remaining 78% of ordinary shares in VettaFi Holdings LLC (VettaFi). This strategic investment was initially launched in the first half of 2023, acquiring approximately 22% of the ordinary shares, and was finalized in December 2023. The new transaction brings the total acquisition value to $1.03 billion.
VettaFi is a renowned U.S.-based company specializing in indexing, digital distribution, analytics, and thought leadership. In 2023, TMX Group announced plans to launch cryptocurrency spot trading, becoming the first exchange group in North America to offer direct access to the digital asset spot market.
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