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Tradeweb

Tradeweb
2026-10-20 15:04:47

Tradeweb to acquire credit trading platform Trumid for about $1.97 billion

Global electronic trading platform Tradeweb has reached a definitive agreement to acquire Trumid, a fintech company and electronic credit trading platform, for about $1.97 billion. The deal includes $1.75 billion for the business itself and roughly $220 million tied to related tax assets. Tradeweb said it processes more than $3 trillion in daily trading volume across its platform. The transaction was reported by Finextra and cited by Techub News. The announcement centers on Tradeweb’s planned purchase of Trumid and the breakdown of the consideration disclosed alongside the agreement.

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Tradeweb to acquire credit trading platform Trumid for about $1.97 billion
Virtu Financi
2026-08-27 20:39:40

Virtu and Tradeweb complete onchain repo using Marshall Islands digital bond

Virtu Financial, M1X Global and Tradeweb have completed an onchain repurchase agreement transaction using USDM1, a Marshall Islands-issued sovereign digital bond, as collateral. The full repo and repurchase cycle settled on Canton Network in under 10 minutes, according to the report. USDM1 is a US dollar-denominated sovereign bond issued onchain by the Republic of the Marshall Islands and backed 1:1 by short-term US Treasurys. It continues to pay a coupon while posted as collateral and is structured under New York law as a fully collateralized sovereign obligation. The companies said the deal was the first repo to combine natively issued sovereign collateral with fully onchain atomic settlement. The report frames the transaction as an early example of tokenized sovereign debt being used in an institutional financing transaction rather than only for issuance or trading. It also notes that broader adoption across institutional repo markets remains uncertain. USDM1 is available through Tradeweb, with institutional custody provided by Anchorage Digital, BitGo and tZERO. The transaction comes as Canton Network records a series of institutional announcements and deployments tied to tokenized assets and regulated financial activity.

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Virtu and Tradeweb complete onchain repo using Marshall Islands digital bond
Virtu Financi
2026-08-27 20:53:22

Virtu, M1X Global and Tradeweb complete on-chain repo using USDM1 collateral

Virtu Financial, M1X Global and Tradeweb have completed an on-chain repurchase transaction using USDM1, a digitally issued sovereign bond from the Marshall Islands, as collateral. The deal was fully settled on Canton Network within 10 minutes. The parties said the transaction marks the first case combining natively issued sovereign collateral with fully on-chain atomic settlement. USDM1 is a U.S. dollar-denominated sovereign bond issued on-chain by the Republic of the Marshall Islands. It is backed 1:1 by short-term U.S. Treasuries, continues to pay coupons while posted as collateral, and is structured under New York law as a fully collateralized sovereign debt instrument. The bond is made available through Tradeweb, while custody is handled by Anchorage Digital, BitGo and tZERO. The report also places the transaction in the context of recent activity on Canton. In July, Tradeweb facilitated a real-time transfer of tokenized U.S. Treasuries from Franklin Templeton to Virtu Financial on the network. Since August, FalconX and Interstice have launched a cross-chain swap engine linking Canton with Ethereum, Solana and Robinhood Chain, while World Liberty Financial has natively issued its USD1 stablecoin on Canton.

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Virtu, M1X Global and Tradeweb complete on-chain repo using USDM1 collateral
Policy Regula
2026-07-29 07:40:43

UK 10-year gilt yield rises to 4.969% as oil gains add to inflation concerns

According to Jinshi, renewed fighting between the United States and Iran pushed oil prices higher, adding to inflation concerns and lifting UK government bond yields. Tradeweb data showed the yield on the UK 10-year gilt rose by 1.2 basis points to 4.969%. Investors are now waiting for upcoming rate decisions from the US Federal Reserve and the Bank of England. The move in gilt yields comes as markets react to geopolitical tension and the inflation pressure linked to higher energy prices.

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UK 10-year gilt yield rises to 4.969% as oil gains add to inflation concerns