BMLL, the leading, independent provider of harmonized, historical Level 3, 2, and 1 data and analytics across global equities, secured a $21 million investment led by Optiver, with participation from existing investors FactSet, Nasdaq Ventures, and I.Q. Capital, to expand its global market data offerings. The funding will support BMLL’s continued growth, including its coverage of over 100 global trading venues and its provision of granular, historical market data to enhance insights for banks, brokers, and asset managers. Optiver’s involvement highlights the increasing reliance on high-quality historical data for improving trading strategies and algorithmic development, signaling a growing buy-to-build trend in market data solutions.
BMLL Secures $21M Strategic Investment to Supercharge Growth