Institutional Investment & Trading

Clear Street, which claims to be building better access to capital markets, has scored a $165m Series B to accelerate the launch of its platform.

Temenos has released an ESG investing-as-a-service to help banks and wealth managers meet the demand for sustainable investing.

Singapore-based ADDX, a mobile app for private market investing, has closed its pre-Series B funding round on $58m.

Elwood Technologies, which offers institutional-grade access to digital markets, has scored $70m in its Series A round.

Obie, an InsurTech startup that offers insurance risk management for real estate investors, has partnered with holiday rental investment marketplace Here.

Global crypto exchange KuCoin has closed its pre-Series B round on $150m, which brings its valuation to $10bn.

Digital asset trading technology developer Talos has joined the unicorn club, following the close of its Series B on $105m.

Reliance Global Group, which combines artificial intelligence (AI) and cloud-based technologies with the personalised experience of a traditional insurance agency, has acquired Barra & Associates.

Ondo Finance, which is building a decentralised investment bank, has raised $20m in Series A funding to accelerate the adoption of DeFi among mainstream investors.

B2B FinTech platform Recur Club has raised $30m in a seed funding round, as a combination of equity and debt allocation.