• Yield App, a digital wealth platform, has acquired Trofi Group, a platform offering structured solutions for cryptocurrencies.
• The acquisition brings four new structured products to Yield App’s product suite and establishes it as a pioneer in the crypto-structured products arena.
• Yield App’s CEO, Tim Frost, said that the acquisition will enable the platform to bridge the gap between traditional finance and crypto.
Yield App, a leading digital wealth platform, has recently announced the acquisition of Trofi Group, a platform offering structured solutions for cryptocurrencies. The move will add four new structured products to Yield App’s product suite and establish it as a pioneer in the crypto-structured products arena.
The team at Trofi Group has 30 years of experience in derivatives desks at JP Morgan and HSBC, and its acquisition by Yield App will enable the platform to 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 to deliver an even better product experience to our customers.“
The acquisition of Trofi Group will allow Yield App to expand its offerings to include structured products such as options, futures, and other derivatives, that will provide customers with additional opportunities to earn returns on their digital assets. Additionally, the move will enable Yield App to provide customers with a safe and secure environment for their digital asset holdings.
Yield App has quickly become one of the leading digital wealth platforms in the industry and the acquisition of Trofi Group will solidify its position as a pioneer in the crypto-structured products arena. With its expanded suite of products, Yield App will be able to provide customers with even more opportunities to earn returns on their digital assets.