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0 -0.0199967747137558 -0.0199967747137558 -0.0199967747137558 -0.0179003386550556 -0.000161264312207691 0.0482180293501049 0.0466053862280278
Stock impact report

LuxAG partners with Arqit and Traxpay to finance digital negotiable instruments

Arqit Quantum Inc. (ARQQ) 
Company Research Source: GlobeNewswire
LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), Traxpay GmbH (Traxpay) and Lux Kapitalmarkt Management AG (LuxAG), have entered into a trade and supply chain financing partnership for Lux AG to invest in digital negotiable instruments (DNIs), enabling businesses to use DNIs to get easy access to new pools of working capital. Leveraging Arqit’s TradeSecure™ application that generates highly secure DNIs, Traxpay’s superior supply chain finance (SCF) technology, and LuxAG’s liquidity management solutions, this partnership will deliver much needed liquidity to the SCF market. LuxAG is a Luxembourg based one-stop-shop service provider for capital market-oriented transactions, with a focus on the structuring and implementation of capital market-oriented transactions. LuxAG facilitates transactions between institutional investor and corporates in search for efficient working capital financing. Arqit's first-of-its-kind technology delive Show less Read more
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