Business2 sources

Tradeweb to Acquire Trumid for $1.97 Billion

  • Tradeweb Markets Inc. has entered into an agreement to acquire Trumid Holdings, LLC.
  • The purchase price for Trumid is approximately $1.97 billion.
  • Tradeweb is a global leader in electronic trading, facilitating over $3 trillion in value daily.
  • Trumid is a financial technology company and electronic credit trading marketplace.
  • The acquisition is expected to enhance Tradeweb's credit trading capabilities.
Tradeweb to Acquire Trumid for $1.97 Billion | Split Angle