DeFi Technologies plans to acquire a minority stake in the Swiss licensed asset management company Neuronomics AG

2024-12-11 13:57:13

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ChainCatcher news, decentralized finance and digital asset company DeFi Technologies announced that it will acquire a minority stake in Swiss asset management company Neuronomics AG, with the specific acquisition amount not disclosed. According to the terms of the letter of intent, DeFi Technologies will increase its stake in Neuronomics by subscribing to 10% of the issued and outstanding securities of Neuronomics. This acquisition aims to enhance DeFi Technologies' asset management and trading capabilities, diversify revenue sources, and complement the company's specialized arbitrage trading platform DeFi Alpha.

It is reported that Neuronomics specializes in quantitative trading strategies driven by artificial intelligence, computational neuroscience, and quantitative finance, and holds an asset management license issued by the Swiss Financial Market Supervisory Authority (FINMA).

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