Deutsche Börse Pumps $10 Million into Trumid

Strategic investment and partnership to drive Trumid's European expansion

mike-sobel-trumid
Mike Sobel, president of TruMid, believes the investment gives the vendor a chance to expand in Europe.

Deutsche Börse’s “add-on” investment for a minority stake in Trumid comes after the vendor received $28 million in funding from a number of organizations in October 2015, most notably from venture capitalist Peter Thiel and Soros Fund Management.

Mike Sobel, president of Trumid, tells WatersTechnology that the alliance with Deutsche Börse will be primarily focused on building out the vendor’s technology portfolio, at the center of which is Trumid Market Center, its all-to-all trading network

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