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SGX invests in NY-based corporate bond trading platform Trumid

The funds will help the NY-based startup scale its US corporate bond business, support the expansion of "protocols, products and geographies"

Published Tue, Sep 18, 2018 · 09:50 PM
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Singapore

THE Singapore Exchange (SGX) has led a US$53 million growth equity financing round in Trumid, a New York-based startup that runs an electronic corporate bond trading platform.

The financing takes Trumid's life-to-date external funding above US$100 million, it said on Tuesday.

The fresh capital will help Trumid scale its US corporate bond business and support the expansion of "protocols, products and geographies", it said…

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