Capstack, the leading loan trading platform for financial institutions, has acquired Edge Tradeworks, which aims to broaden its customer base to include larger banks and mutual funds by leveraging Edge’s experience in whole-loan trading for deals $50 million and above. The strategic move allows Capstack to diversify loan portfolios geographically and by loan size, enhancing its offerings to regional and large national banks while adding a portfolio analytics platform. Additionally, the acquisition will enable Capstack to securitize loans and attract new buyers like mutual funds and insurance companies.
Capstack Acquires FTX-Backed Edge Tradeworks
