GMEX Group Acquires Pyctor Digital Asset Technology from ING

July 11, 2022

GMEX Group Limited has acquired the Pyctor digital asset post-trade and custody technology from ING. The deal transfers Pyctor's institutional-grade custody, smart contract management and interoperability capabilities into GMEX's MultiHub platform while ING will continue to collaborate with GMEX on the offering.

Buyers
GMEX Group Limited
Targets
Pyctor
Sellers
ING
Industry
Software
Location
Netherlands
Transaction Type
Divestiture

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