Yield App Acquires Trofi Group, Expands Crypto-Structured Products Suite
• Yield App, a digital wealth platform, has acquired Trofi Group which specializes in providing structured solutions for cryptocurrencies.
• The acquisition brings four new structured products to Yield App’s product suite and makes it one of the leading digital wealth platforms.
• According to Yield App’s CEO, Tim Frost, the acquisition of Trofi Group establishes Yield App as a pioneer within the crypto-structured products arena and enables the platform to bridge the gap between traditional finance and crypto.
Yield App, a digital wealth platform, recently announced that it has acquired Trofi Group, a platform that specializes in providing structured solutions for cryptocurrencies. This acquisition brings four new structured products to Yield App’s product suite, making it one of the leading digital wealth platforms.
The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC. The company’s expertise in crypto-structured products means Yield App will now be able to offer customers 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 experience and technical know-how to continue to provide our customers with the best digital assets products on the market.“
The move will help Yield App expand its product range, enabling customers to gain access to a wide range of digital assets and earn on their investments at market-leading rates. Moreover, the acquisition will also help Yield App provide safe custody of digital assets, as Trofi Group brings strong security protocols to the platform.
The acquisition of Trofi Group is a strategic move for Yield App as it will provide customers with access to more products and services, and help the company remain competitive in the digital wealth market. With the addition of Trofi Group’s products, Yield App is now one of the leading digital wealth platforms, and customers will be able to take advantage of its expanded offering.