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  5. Yield App Acquires Trofi Group

M&A Deal Summary

Yield App Acquires Trofi Group

On January 26, 2023, Yield App acquired internet software and services company Trofi Group

Acquisition Highlights
  • This is Yield App’s 1st transaction in the Internet Software and Services sector.
  • This is Yield App’s 1st transaction in China.

M&A Deal Summary
Date 2023-01-26
Target Trofi Group
Sector Internet Software and Services
Buyer(s) Yield App
Deal Type Add-on Acquisition

Target

Trofi Group

Hong Kong, China
Trofi Group is a platform that offers structured product solutions for cryptocurrencies. Trofi Group was founded in 2021 and is based in Hong Kong, China.

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Buyer(S) 1

Buyer

Yield App

Road Town, United Kingdom
Category Company
Sector Internet Software and Services
DESCRIPTION

Yield App is a digital wealth platform that offers safe custody of digital assets, or allows customers to exchange and earn on their assets in return for market-leading rates. Yield App is based in Road Town, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2023 M&A 1 of 1
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