Miami International Holdings, Inc. (MIH), a operator of the regulated financial markets in multiple categories of assets, has announced today that it has received $ 40 million in gradual funding from Warburg Pincus, a global growth investor.
Revenue was used to finance a part of the MIH International Stock Exchange (TISE), a leading market in Europe to import high performance bonds, structured financial products and securities trading. The investment provides significant support for MIH’s global expansion as it is implementing its strategy to build a differentiated flow of revenue in multiple geographical areas.
“The expansion of our relationship with Warburg Pincus through the new investment is a significant ratification of our International Strategic Development Strategy,” said Thomas P. Gallagher, president and CEO of MIH. “The acquisition of Tise allows us to further extend our global footprint and provides additional opportunities to make use of our relationships with existing US members and accelerate our international development.”
In August 2024, Warburg Pincus’s Capital Solutions team provided a $ 100 million investment to support a series of MIH initiatives, including the launch of Miax Sapphire Options Exchange, Buildout of a Natural Trade in Miami, New Miax Development of Miax Miax Futures onyx Platforming Platform and the extension of Mih Agricultural and Financials Futures Onyx and MiarxDX.
“We are pleased to strengthen MIH’s international expansion with this additional investment and is a clear indication of our support for MIH and its development initiatives,” said Lee Becker, Managing Director Warburg Pincus. “The acquisition of Tise is an essential element of MIH’s global platform that enhances future growth opportunities.”