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Capitolis Successfully Helps a Large Network of Global Banks Reduce Russian Ruble Exposure in Multilateral Risk-Reduction Exercises

A dozen entities participated in the multilateral optimization

NEW YORK, March 16, 2022--(BUSINESS WIRE)--Capitolis, the technology company reimagining capital markets, today announced it has completed a reduction in exposure to Russian rubles for many of the world’s leading financial institutions. The ruble optimization is a first for Capitolis, which was approached by the banks to design a solution and worked quickly to bring together a large network of banks to participate in this targeted solution. Through its trade compression platform, Capitolis was able to reduce these large exposures and promote financial soundness and stability for the benefit of the whole capital markets system.

In addition to helping clients and the overall market, Capitolis will donate fifty percent of the revenues generated from this optimization exercise to Ukrainian relief and humanitarian efforts.

"We are committed to making the global financial markets work better for our clients and the system as a whole," said Gil Mandelzis, CEO and Founder of Capitolis. "We worked quickly through our trade compression platform and in great collaboration and partnership with our clients to meaningfully reduce risk, while aiding the Ukrainian people amid this incredible suffering."

Capitolis intends to continue offering a Russian ruble compression run as long as it is needed.


Our vision is to reimagine how capital markets operate. Capitolis is the leading capital marketplace that drives financial resource optimization for market participants.

Founded in 2017, Capitolis’ technology enables financial institutions to optimize their resources, execute seamlessly with new market participants, and achieve greater access to more diversified capital, all of which enable fairer, safer, and healthier capital markets.

Capitolis is backed by world class venture capital firms, including Andreessen Horowitz (a16z), Index Ventures, Sequoia Capital, Spark Capital, SVB Capital and S Capital, as well as leading global banks such as J.P. Morgan, Citi and State Street.

Our team brings decades of experience in launching successful startups, technology and financial services and is growing rapidly from our offices in New York, London and Tel Aviv. For more information, please visit our website at or follow us on LinkedIn.

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Edward Ruddy
Sloane & Company

Anna Papageorge