BankingBusiness

Bitcoin Group SE: Plans takeover of Bankhaus von der Heydt

Bitcoin Group SE: Plans takeover of Bankhaus von der Heydt

  • Bitcoin Group SE has signed an agreement with the owner of Bankhaus von der Heydt, Dietrich von Boetticher
  • The final closing of the transaction is still subject to approval by the German Federal Financial Supervisory Authority (BaFin)
  • Bankhaus von der Heydt holds a full banking license and is one of the leading providers in Germany offering custody
  • The purchase price consists of a cash payment in the amount of EUR 14 million
  • The aim is to seamlessly connect the banking and capital market infrastructures with the advantages of blockchain technology
  • The acquisition of Bankhaus von der Heydt is a significant step that will help to consolidate
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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