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US trading platform Bakkt to acquire stake in Indian brokerage Transchem, offer access to global securities

Digital asset trading platform Bakkt, backed by the likes of Citadel and Vanguard, is acquiring a stake in Transchem, a listed Indian brokerage, as part of its wider strategy to build a presence in the Indian market. The company is initially investing about $10 million, with the total deal size pegged at around $40 million. […]

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