Derivatives Trading Infrastructure Raised $552 million Since 2014
A report from TheBlock has found that of the $1.2 billion invested in 'institutional infrastructure and client services', $552.4 million was invested in derivative trading firms.
The report found that the majority of the money however, came from two deals conducted by Bakkt, with $482.5 million of the $552.4 million stemming from these two alone. Before 2018, the report notes, 89% of all investment in institutional solutions went towards custody or derivatives, but has since expanded to other verticals such as lending and brokerage services.
