Social Trading Brokerage Ayondo Files for $100 million IPO on SGX
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Social Trading Brokerage Ayondo Files for $100 million IPO on SGX
One of the brokerages in the industry that is strongly committed to social trading, Ayondo, has announced that it is preparing to list its shares on the Singapore Stock Exchange. The Germany-based firm has submitted the paperwork for the process with trading expected to begin on the 26th of March. The announcement is a conclusion of the company’s listing effort that started in 2016.
The company which has been strongly supported over the years by private equity investor Luminor Capital which is based in Singapore is seeking to raise ... (read more)
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