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Standard Chartered's crypto unit in talks to buy Alan Howard-backed firm, Bloomberg reports

JULY 09, 2024

July 9 (Reuters) - Standard Chartered Plc's (2888.HK), crypto unit, Zodia Markets, is in talks to acquire billionaire hedge fund manager Alan Howard-backed Elwood Capital Management's OTC business, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.

Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Maju Samuel

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