(The Business Insider) Two Wall Street trading startups are in talks to combine forces.Electronifie, a bond-trading platform led by former Goldman Sachs trader Amar Kuchinad, is in exclusive talks to be acquired by TruMid, another trading startup backed by George Soros and Peter Thiel.Electronifie announced the talks in a note seen by Business Insider that was sent to clients January 10.”We believe that combining our businesses is in the best interest of our clients, who will realize the immediate benefit of a vastly expanded user network and technology footprint,” the note said.
A Wall Street startup backed by George Soros and Peter Thiel is in talks to do a big deal
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