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Cicada raises $13.5m in Series A funding

New York based electronic trading platform raised $13.5m in Series A funding led by Citi.

We've built the first fully all-to-all, truly global electronic marketplace for secondary trading in Mexican local-currency bonds, bringing institutional-grade capabilities to a market that has long needed it. We're now positioned to expand this model across additional Latin American markets as electronification continues to accelerate.