Pensions giant invests US $20m into a UK crypto derivatives trading platform

A report on the asset management arm of pensions giant M&G Plc said it had invested US$20 million into a UK crypto derivatives trading platform

  • M&G Investments stake is part of a $30 million series B funding round for Global Futures and Options Ltd., also known as GFO-X.
  • capital provided by M&G’s Crossover strategy on behalf of its £129 billion Prudential With-Profits Fund

Info comes via Bloomberg (gated)

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Update:

This article was written by Eamonn Sheridan at www.forexlive.com. Source