Yield App Acquires Trofi Group, Adds 4 Structured Crypto Products
• Yield App 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 and makes Yield App one of the leading digital wealth platforms.
• The CEO of Yield App, Tim Frost, commented on the acquisition, expressing excitement for the new possibilities the acquisition brings.
Digital wealth management platform Yield App has recently announced its acquisition of Trofi Group, a platform that specializes in providing structured solutions for cryptocurrencies. This move adds four new structured products to Yield App’s product suite, allowing them to become one of the leading digital wealth platforms.
The acquisition of Trofi Group is a strategic move for Yield App, as the team at Trofi Group has 30 years of experience in derivatives desks at JP Morgan and HSBC. With the knowledge and expertise of the Trofi team, Yield App will now be able to provide its customers with the best-in-class crypto-structured products.
Commenting on the acquisition, the CEO of Yield App, Tim Frost, expressed his excitement for the new possibilities the acquisition brings. He said, “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 extensive experience to further our own mission of driving financial inclusion through technology.”
The acquisition of Trofi Group demonstrates Yield App’s commitment to providing customers with a safe and secure platform for digital assets. With the addition of these four new structured products, Yield App’s customers will now be able to exchange and earn on their assets at market-leading rates.
The team at Yield App and Trofi Group are both excited for what the future holds as they join forces to bring innovative digital wealth services to customers around the world. With this acquisition, Yield App is now positioned to become the premier digital wealth platform in the cryptocurrency space.