RATE Group | Securities Giant Leads $14 Million Investment To Bring Bitcoin To Institutions
89368
post-template-default,single,single-post,postid-89368,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Securities Giant Leads $14 Million Investment To Bring Bitcoin To Institutions

Securities Giant Leads $14 Million Investment To Bring Bitcoin To Institutions

Swiss securities giant SIX Group is leading a $14 million series A investment into Omniex, an enterprise infrastructure provider building investing tools for institutional investors.

SIX had previously revealed an investment in Omniex, but the Series A announced today also includes investors Jump Capital, Wicklow Capital and Sierra Capital. While the valuation of Omniex isn’t being disclosed, SIX says it acquired a 12% stake in the company and a seat on the board of directors for it’s share in the round. A previous seed round of $10 million, brings the total amount raised $24 million. Omniex expects it will have a runway of “multiple years” based on the amount raised.

Launched in August 2017, Omniex is a…

Source link