• Yield App, a digital wealth platform, has acquired Trofi Group, a platform that offers structured solutions for cryptocurrencies.
• The acquisition adds four new structured products to the Yiled App product suite.
• The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC.
Yield App, a leading digital wealth platform, has recently acquired Trofi Group, a platform that specializes in providing structured solutions for cryptocurrencies. The acquisition adds four new structured products to the Yiled App product suite, giving users more options and flexibility when it comes to managing their digital assets.
The team at Trofi Group brings a wealth of experience in derivatives desks at JP Morgan and HSBC. Their knowledge and expertise in the crypto-structured products arena will help Yield App to bridge the gap between traditional finance and the crypto world. With the addition of Trofi Group, Yield App will now be able to provide its customers with a range of market-leading products that offer higher yields and more secure custody of digital assets.
The CEO of Yield App, Tim Frost, has commented on the acquisition, saying: “The acquisition of Trofi Group establishes Yield App as a pioneer within the crypto-structured products arena, making us one of only a few platforms to bridge the gap between traditional finance and crypto. We are grateful to the team at Trofi for trusting us to continue their excellent work in bringing enhanced yield structured products to crypto. We look forward to leveraging their experience and technology to provide our customers with the best possible user experience.”
The acquisition of Trofi Group is a major step forward for Yield App and the digital wealth space in general. It gives users a broader range of products to choose from, and the knowledge and expertise of the Trofi team will be invaluable in helping Yield App to further improve its product suite. With this acquisition, Yield App is well positioned to become one of the leading digital wealth platforms in the world.