Bloomberg and Elwood Technologies Sign Deal to Offer Crypto Trading Capabilities

Elwood Technologies, the crypto-focused technology firm, announced a "strategic integration" with Bloomberg. According to a story in The Block news, the integration is geared toward the institutional clients who use the Bloomberg Asset and Investment Manager, or Bloomberg AIM, a buy-side order management system used by about 15,000 clients who, collectively, manage more than $17 trillion in assets. The idea is to tie up Bloomberg AIM with the capabilities offered by Elwood's trading platform. The integration is set to be completed and available for mutual Elwood and Bloomberg AIM clients in the second quarter of 2022.