Nasdaq acquires crypto-friendly service provider Cinnober

DealsSeptember 17, 2018, 3:10PM EDT
Nasdaq acquires crypto-friendly service provider Cinnober
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Cinnober is a financial service provider that offers trading solutions for different asset classes including crypto. Nasdaq will acquire Cinnober in a deal that values the business at $190m. Cinnober's suite of solutions for crypto-focused exchanges includes: risk management, traceability, and custody. (Source: Reuters)