Investment technology company TORA has signed a letter of intent to enter into a strategic partnership with Revolution, an investment and asset management company.
Separately, TORA can acquire a 8.35% stake in Revolution through a loan and call option agreement which it executed with Fruta Fruta in November 2020.
“We are delighted to have entered into this strategic partnership with Revolution,” said Robert Dykes, CEO at TORA. “TORA’s advanced investment platform will help Revolution’s traders and investment advisors analyse greater sets of data to make quicker and more informed trading decisions and improve access to global markets, brokers, custodians and alternative pools of liquidity.”
Takafumi Okamoto, CEO at Revolution, added, “Revolution are really pleased to have TORA onboard as a strategic partner. Their local market presence and expertise will help drive Revolution forward and give us a clear advantage.”
Copyright © 2021 FinTech
