Bond platform Trumid tops $1b valuation in funding round

Bond platform Trumid tops $1b valuation in funding round

Photographed by Colin Watts on Unsplash

Funds and accounts managed by T. Rowe Price Associates Inc. and BlackRock Inc. are among investors that contributed $200 million to Trumid Financial LLC in its latest fundraising round, more than doubling the bond trading platform’s valuation to over $1 billion since last May.

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