• Leading digital wealth platform Yield App has acquired Trofi Group, a platform that provides structured solutions for cryptocurrencies
• The acquisition adds four structured products to the Yield App product suite, making it one of the leading digital wealth platforms
• The team at Trofi Group has 30 years experience in derivatives desks at JP Morgan and HSBC and will join hands with Yield App to build best-in-class crypto-structured products
Yield App, a leading digital wealth platform that offers safe custody of digital assets, has announced the acquisition of Trofi Group, a platform that provides structured solutions for cryptocurrencies. The acquisition is expected to bring four new structured products to the Yield App product suite, making it one of the leading digital wealth platforms.
With this acquisition, Yield App will be able to bridge the gap between traditional finance and cryptocurrencies. The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC, and will join hands with Yield App to build best-in-class crypto-structured products.
The CEO of Yield App, Tim Frost, expressed his excitement about the acquisition, saying that it will establish Yield App as a pioneer within the crypto-structured products arena. He also thanked the team at Trofi for trusting Yield App to continue their excellent work in bringing enhanced yield structured products to crypto.
Yield App is a platform that allows customers to exchange and earn on their assets at market-leading rates. With this acquisition, the platform will now be able to offer customers a superior suite of products that are designed to maximize returns within the crypto-structured products arena.
The acquisition of Trofi Group will open up more opportunities for Yield App to expand its reach and become a leader in the digital wealth management space. The platform is constantly innovating and exploring new ways to bring value to its customers and the acquisition of Trofi Group is a testament to this commitment.