MerQube's Series C: 7Ridge, Deutsche Börse Back $27B Index Tech
MerQube just locked in Series C funding from heavyweights 7Ridge and Deutsche Börse, eyeing dominance in complex index strategies. But does this cash infusion truly bridge the 'fintech gap' in passive investing, or is it more hype?
⚡ Key Takeaways
- MerQube closes undisclosed Series C with 7Ridge and Deutsche Börse, joining blue-chip investors. 𝕏
- $27B in assets track their indices; funds target options ETFs, Garage expansion, global reach. 𝕏
- Passive strategies to hit $70T by 2030; MerQube bets big on complex derivatives amid 10% growth. 𝕏
- Synergies with Deutsche Börse could dominate Europe/APAC structured products. 𝕏
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Originally reported by Fintech Global