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Announced

Gemini to acquire BITRIA.

Synopsis

Gemini, a developer of a cryptocurrency exchange and custodian platform, agreed to acquire BITRIA, a developer of a digital investment management platform. Financial terms were not disclosed. "The BITRIA acquisition positions Gemini as the first end-to-end technology platform empowering wealth and asset managers to meet rising demand among their clients for accessing and managing a full range of crypto investments. Many advisors currently have limited access to just one or two tokens through closed-end funds and spot crypto ETFs in jurisdictions where they are available. Today we are unlocking access to the full digital asset ecosystem for the wealth management community," Dave Abner, Gemini Global Head of Business Development.

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