Windsor Drake Market Intelligence
Transaction · Crypto / Digital Assets · 2025

Hilbert Group / Enigma Nordic 2025

Hilbert Group acquired Enigma Nordic on December 19, 2025.

Target
Enigma Nordic
Acquirer
Hilbert Group
Announced
December 19, 2025
Sub-sector
Crypto / Digital Assets

Transaction overview

  • Hilbert Group announced the acquisition of Enigma Nordic on December 19, 2025.

Strategic rationale

Acquire high-frequency quantitative trading platform with proven market-neutral strategies to strengthen institutional digital asset offerings and scaling capabilities.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 19, 2025
Acquirer
Hilbert Group (Strategic)
Sub-sector
Crypto / Digital Assets

Sources

  • pr-inside.com /hilbert-group-acquires-enigma-nordic-to-strengthen-institutional-digital-r5158263.htm

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