Australian trading and wealth management technology provider Openmarkets Group has agreed to merge with NASDAQ-listed special purpose acquisition company (SPAC) Lake Superior Acquisition Corp. The deal values Openmarkets at approximately $300 million and is expected to be completed by 2026, at which point Openmarkets will return to NASDAQ. This transaction aligns with Openmarkets' strategy to expand into decentralized finance (DeFi) through cryptocurrency trading and real-world asset tokenization.

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