Singapore Exchange took part in a Hillhouse Capital-led round that the electronic trading platform will use to expand its corporate bond business in the US.

Trumid, the US-based operator of a digital bond trading network, secured approximately $60m yesterday in a funding that included participation from trading exchange operator Singapore Exchange (SGX). Hedge fund manager Hillhouse Capital led the round, which also featured venture capital firm Arbor Ventures. SGX had previously led a $53m round for Trumid in September 2018…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.