New York — German exchange operator Deutsche Boerse Group has made a $10m investment in Trumid, a New York-based financial technology start-up that runs an electronic corporate bond-trading platform, the companies announced on Monday. Trumid, which is backed by venture capitalist Peter Thiel and investor George Soros, will collaborate with Deutsche Boerse to develop products and services for the European market. Deutsche Boerse’s investment is an add-on to $28m raised by Trumid earlier in 2017 from investors including Chinese financial firm CreditEase.
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