on Finexity AG (isin : DE000A40ET88)
Finexity AG: Strategic Confidence Boost with Michael Ost's Share Subscription
Michael Ost, Deputy CEO of FINEXITY Group, has made a decisive move by investing over EUR 200,000 in the company through the subscription of 6,890 shares at EUR 29.50 each. This investment highlights Ost's belief in FINEXITY's strategic direction and growth potential. Ost, who previously invested EUR 150,000, remains committed to advancing the company's technological and regulatory prospects.
The Exchange Division, under Ost's guidance, is responsible for pivotal areas such as the DLT-TSS license and SaaS solutions. These initiatives are crucial in ensuring the company's growth, providing a substantial foundation for recurring revenues through transactions and licenses. The capital injection is poised to transition FINEXITY from OTC trading to a regulated multilateral trading facility (MTF) with atomic settlement, solidifying its position in the European tokenized securities market.
Additionally, FINEXITY is gearing up to launch a modular SMB SaaS solution for liability umbrellas, wealth managers, and investment brokers. This new platform aims to offer seamless and regulated access to tokenized private market investments, demonstrating FINEXITY's commitment to technological innovation and market expansion.
R. E.
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