• Yield App, a digital wealth platform, acquired Trofi Group, a platform that offers structured solutions for cryptocurrencies.
• The acquisition brings four new structured products to the Yiled App product suite and makes Yield App one of the leading digital wealth platforms.
• The team at Trofi Group has 30 years experience in derivatives desks at JP Morgan and HSBC.
Yield App, a digital wealth platform that offers safe custody of digital assets, recently announced they have acquired Trofi Group, a platform that offers structured solutions for cryptocurrencies. This acquisition brings four new structured products to the Yield App product suite, making them one of the leading digital wealth platforms.
The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC. This experience and knowledge makes them a great addition to Yield App, as they will now be able to build best-in-class crypto-structured products. This will provide customers with a superior suite of products.
Commenting on the acquisition, the CEO of Yield App, Tim Frost, 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 expertise and providing even more value to our customers.”
Yield App provides a safe and secure way to store, exchange and earn on digital assets. The platform allows customers to earn on their assets at market-leading rates, and the addition of Trofi Group’s structured products will only improve the user experience. With this acquisition, Yield App is now one of the leading digital wealth platforms, providing customers with the highest quality products and services.
The team at Yield App is thrilled to have Trofi Group on board, and they look forward to using their expertise to provide even more value to their customers. This acquisition marks a major milestone for Yield App and is a testament to their commitment to providing customers with the best digital wealth platform experience.