Transaction · Capital Markets Tech · 2023

FDCTech / Alchemy Group 2023

FDCTech acquired Alchemy Group on October 5, 2023.

Target: Alchemy Group
Acquirer: FDCTech
Announced: October 5, 2023
Sub-sector: Capital Markets Tech

Transaction overview

FDCTech announced the acquisition of Alchemy Group on October 5, 2023.

Strategic rationale

Acquire regulated trading and investment platform operations across UAE, UK, and Malta to expand into European, Asian, and Australian markets and support uplisting.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: October 5, 2023
Acquirer: FDCTech (Strategic)
Sub-sector: Capital Markets Tech

Sources

benzinga.com /pressreleases/23/10/g35117357/fdctech-signs-the-definitive-agreement-to-merge-with-alchemy-group-seeks-uplist

Comparable transactions in Capital Markets Tech

Primary	Event type	Counterparty	Value	Sub-sector	Date
ATS LeveL Markets	Transaction	Nasdaq		Capital Markets Tech	August 12, 2026
TradeZero	Transaction	eToro	$231M	Capital Markets Tech	August 12, 2026
MarketAxess	Transaction	ICE	$5.7B	Capital Markets Tech	July 30, 2026
Canoe Intelligence	Transaction	Bloomberg		Capital Markets Tech	July 29, 2026
bloXroute	Transaction	FalconX		Capital Markets Tech	July 15, 2026
Uptevia	Transaction	Euroclear		Capital Markets Tech	July 8, 2026