Bitcoin Group SE: Plans takeover of Bankhaus von der Heydt

Bitcoin Group SE: Plans takeover of Bankhaus von der Heydt

• Bitcoin Group SE has signed an agreement with the owner of Bankhaus von der Heydt, Dietrich von Boetticher
• The final closing of the transaction is still subject to approval by the German Federal Financial Supervisory Authority (BaFin)
• Bankhaus von der Heydt holds a full banking license and is one of the leading providers in Germany offering custody
• The purchase price consists of a cash payment in the amount of EUR 14 million
• The aim is to seamlessly connect the banking and capital market infrastructures with the advantages of blockchain technology
• The acquisition of Bankhaus von der Heydt is a significant step that will help to consolidate