Bitpanda, the Austrian investment platform, has acquired British crypto and DeFi custodian Trustology to boost its offering for professional investors.
Announced today, the deal will pave the way for Bitpanda Pro — Bitpanda’s platform for experienced traders and institutional investors — to launch its own custody service.
While the company did not disclose an exact valuation, a spokesperson confirmed that it had spent a “significant two-digit million” sum in US dollars on the deal.
Bitpanda’s maiden acquisition comes after a period of frantic fundraising last year that saw the Vienna-based startup raise around $450 million across multiple rounds. The most recent fundraising in August valued the company at $4.1 billion.
Eric Demuth, co-founder and CEO of Bitpanda, said in a statement the launch of a custody service will bring the firm “one step closer to building a leading, fully regulated and secure digital investment platform for everyone, new investors and profess
We współpracy z: https://www.theblockcrypto.com/post/134994/crypto-unicorn-bitpanda-acquires-trustology?utm_source=rss&utm_medium=rss
