Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
07.28.21
A Pillsbury team led by Corporate special counsel Veronica Nunn advised 24 Exchange Bermuda Ltd, which operates the multi-asset class trading platform 24 Exchange, in its acquisition of the business of New York-based technology and service provider 11B Technologies.
Among its services, 11B Technologies provides order, execution and risk management systems for FX Spot, FX Swaps, FX NDF, Crypto Spot and Crypto NDFs. It also provides matching engine, CRM and back office connectivity through FIX API, GUI and mobile interfaces.
In addition to Nunn and Corporate partner Mike Flynn, the Pillsbury team included Corporate associates Mel Pudig and Andy Gong, Tax partner Brian Blum, and Litigation special counsel Rebecca Rizzo.