Virtu Financial is about to get a new Chairman.
And that Chairman is Robert Greifeld. The former CEO of exchange operator Nasdaq is set to assume command at Virtu once its $1.4 billion acquisition of KCG Holdings in completed, according to a regulatory filing dated May 31.
Bob Greifeld
According to Reuters, Greifeld, along with Silver Lake co-founder Glenn Hutchins, joined forces with Singapore’s GIC and Temasek and Canada’s Public Sector Pension Investment Board to buy a combined $750 million of new Virtu stock as part of the firm’s deal to buy KCG. Hutchins will also join Virtu’s board.
Greifeld left the U.S.’ number two exchange this past January after spending 14 years there. Under his direction, Nasdaq became a more diversified business, moving away from a pure trading cash revenue stream to electronic market data and technology business.
The exchange operator along with its Board of Directors named Adena Friedman to replace Greifeld as CEO, and she also joined its Board of Directors, effective January 1, 2017.
Bob Greifeld will remain Chairman of the Nasdaq Board. He replaced Chairman Borje Ekholm who relinquished the top role of Chairman on December 31, 2016.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
This is part of Nasdaq's Always‑On market initiative to advance the modernization of markets
-
Over 150 customers have connected to LSEG's MCP server for AI-ready data.
-
UK users no longer have to think in US dollars to participate in the onchain economy.
-
The exchange group is also advancing initiatives to tokenize cash.
-
Acquisition of Cboe Australia will bring together mining and energy transition financing ecosystems.