Zodia Markets Announces It Will Acquire Elwood Technologies' OTC Division

Comparing news, Standard Charter-backed cryptocurrency trading company Zodia Markets said it is buying Elwood Technologies' OTC division, confirming media reports that the division is selling and sales negotiations are ongoing. The company said Monday that after moving the business, Elwood, backed by billionaire Alan Howard, will focus on its trading technology software as a service (SaaS) products and services.