Announced
Financials
Sources
Tags
Single Bidder
Friendly
Completed
Acquisition
United Kingdom
Payments / Commerce
crypto wallet
Private
Majority
Cross Border
Synopsis
Bitpanda, a fintech company, completed the acquisition of Trustology, an institutional crypto and DeFi custodian wallet provider. Financial terms were not disclosed. “The Trustology team built an exceptional custody technology and we are very excited to welcome them into the Bitpanda den. Everything we do is driven by the belief that blockchain technology and digital assets will profoundly transform the financial ecosystem. With the clear outcome that people around the globe will have the power to own their financial futures. Bitpanda Custody brings us one step closer to building a leading, fully regulated and secure digital investment platform for everyone, new investors and professionals alike. We can now provide retail customers with world-class institutional-grade custody security, and institutional clients will benefit from innovative custody solutions in order not to only overcome the challenges they face today, but also thrive in the years to come," Eric Demuth, Bitpanda Co-Founder and CEO.
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