Secures $25 million Series B Investment Led by Citadel Securities. BlackFin Tech is also participating
Summary
BlackFin Tech is also participatingLONDON, 9th April 2025: TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives markets, today announced a $25 million Series B investment led by Citadel Securities. We are pleased to partner with TransFICC to shape the future of Fixed Income market making through increased automation, connectivity and efficiency. "Michele Foradori from BlackFin Tech added, TransFICC is providing a piece of critical infrastructure for Fixed Income markets. We are excited by the pace of innovation taking place in this space and fully embrace Steve, Judd and Toms vision to make TransFICC the go-to solution for all market participants to electronically trade any Fixed Income product.Steve Toland, TransFICC co-Founder said, Wide-ranging structural changes, including the increased adoption of algo tools, the growth of all-to-all markets and the rise of Fixed Income ETFs are driving volumes up, creating increased demand for automated solutions. At TransFICC, our intention is to enhance our venue and workflow support so that clients can connect more quickly and at a lower cost.