Goldman Sachs to spin out technology platform GS DAP into independent business
GS DAP has operated as part of Goldman Sachs’ Digital Assets business since launching in 2022.
GS DAP has operated as part of Goldman Sachs’ Digital Assets business since launching in 2022.
President Thomas Pluta served on Tradeweb’s board for over six years.
The all-cash deal is expected to close in the second half of 2024.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The Yieldbroker platform claims to facilitate trading of approximately AUD 6 trillion annually.
The AUD 125 million ($84m) deal remains subject to Yieldbroker stockholder approval.
Fixed income market operator Tradeweb has launched an electronic over-the-counter (OTC) marketplace for US-listed exchange traded funds (ETFs). The firm says the platform tackles some of the challenges inherent in institutional OTC trading such as pre-trade price transparency, operational efficiency and access to institutional-size liquidity. Tradeweb clients will be able to use the platform to […]