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Thursday, November 7, 2024
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BankingBusiness
Less than 1 min.Read

JP Morgan: Invests in Zanbato

Laura M
By Laura M
  • Financial technology company Zanbato pleased to announce it secured a strategic investment from global financial services leader, J.P. Morgan
  • The investment marks the first step in further aligning Zanbato’s ZX platform with its membership through equity participation
  • Zanbato pleased that J.P. Morgan shares commitment to creating deeper and more reliable private markets
  • Strategic investment in Zanbato complements commitment to support clients across the private market ecosystem
  • J.P. Morgan’s commitment to private stock trading comes as top funds and institutional investors increasingly turn to secondary markets
  • In 2020 the combined value venture-backed private companies exceeded $2 trillion

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