Nasdaq announces purchase of Verafin, a financial crime management platform, for $2.8B
$NDAQpic.twitter.com/xvTQLCiQih
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@jake_pugh They're also eyeing the premium multiple that comes with a SaaS-focused, recurring revenue business. More growth avenues + multiple expansion:pic.twitter.com/9I38j6scHy
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Exchange groups continue to pivot away from pure play market infra assets. Japanification of markets undermining volatility and volume growth and fewer traditional M&A integration opps.
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