Wellfield / Brane Trust 2023
Wellfield Technologies Inc. acquired Brane Trust Company Ltd. on July 26, 2023.
- Target
- Brane Trust Company Ltd.
- Acquirer
- Wellfield Technologies Inc.
- Announced
- July 26, 2023
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- Wellfield Technologies Inc. announced the acquisition of Brane Trust Company Ltd. on July 26, 2023.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire regulated digital asset custodian to support tokenized gold ecosystem and serve institutional investors with compliant custody infrastructure.
Deal terms & multiples
Frequently asked questions
When did Wellfield Technologies Inc. announce the acquisition of Brane Trust Company Ltd.?
Wellfield Technologies Inc. announced the acquisition of Brane Trust Company Ltd. on July 26, 2023.
What sub-sector is Brane Trust Company Ltd. in?
Brane Trust Company Ltd. is tracked in the Crypto / Digital Assets sub-sector.
Sources
- investorideas.com /news/2023/cryptocurrency/12291TSXV-WFLD.asp