The cloud-native prime broker wants to go public.
Goldman Sachs and Citi are lead bookrunners for the IPO of the firm founded by the Winklevoss twins.
The crypto exchange and custodian founded by Winklevoss twins has filed to go public.
Bill Ackman said the asset manager will report back once it is ready to launch a revised transaction.
MSDL intends to use the net proceeds to make investments in accordance with its objectives and strategies.
Proceeds will repay a portion of its credit facilities be used to make investments.
The traditional liquidity path of going public is becoming more elusive.
The institutional business in Mexico will remain part of Citi.
The exchange has offered to buy SimCorp and is also combining Qontigo and ISS.