Komgo completed the acquisition of GTC.

Komgo, a blockchain-based trade financing platform, completed the acquisition of GTC, a provider of trade finance digitalisation solutions. Financial terms were not disclosed. “Together Komgo and GTC will provide the widest coverage, and biggest volumes, for our corporate and bank users. We are combining Komgo’s commodity expertise with GTC’s industry expertise, consolidating the market for digital trade services. Trade finance is moving to a digital framework, and we’re proud to be at the forefront of this transition," Souleïma Baddi, Komgo CEO.