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.
Strategic rationale
Acquire regulated digital asset custodian to support tokenized gold ecosystem and serve institutional investors with compliant custody infrastructure.
Deal terms & multiples
Sources
- investorideas.com /news/2023/cryptocurrency/12291TSXV-WFLD.asp