Platts has been the exclusive distributor of MVS's web-based value-in-use tool─which miners, mills and traders can use to calculate the value of iron ore in specific buying and selling scenarios─since taking an undisclosed stake in MVS in October 2013.
The acquisition will enable MVS to fully leverage Platts' marketing, sales and product development teams to accelerate growth.
"We are excited to join the Platts team," says MVS managing director James Rilett in a statement. "A full acquisition by
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails