FINEXITY Acquires Majority Stake In Effecta, A German Liability Umbrella Provider
Hamburg, Germany, based Finexity AG, leading in the field of digital assets, today announced the signing of an agreement to acquire 90.1 percent of Effecta GmbH. Effecta is a leading liability umbrella provider for online-based securities distribution in Germany and, as a licensed investment firm, will assume a significant role within the FINEXITY Group going forward. This acquisition strengthens FINEXITY’s positioning in further developing its trading venue for tokenized private market investments and sets important impulses for the company’s future development, particularly with regard to the planned stock exchange listing. Tobias Hirsch, founder and Managing Director of Effecta, will not only continue to lead Effecta but will also play a key role in the strategic development of Finexity AG.
EffectaGmbH will continue to operate as an independent liability umbrella under itsown brand and will maintain its supervision of tied agents pursuant to § 3 (2)WpIG, the German Securities Institutions Act. By merging two complementaryinfrastructure providers, a high-performing ecosystem is created that opens upcross-platform offerings and investment opportunities for clients and partnersalike. Effecta and FINEXITY are pooling their expertise in the fields ofinvestment and regulatory infrastructure. This creates a broad range of accesspoints to securities registrars and payment service providers. The result is aforward-looking investment infrastructure that promotes innovation, unlocks newmarket potential, and drives the digital transformation of the financialindustry and the investment sector.
PaulHuelsmann, CEO of FINEXITY Group, comments: “The acquisition of Effecta marksan important milestone for FINEXITY, further strengthening our position withregard to the planned stock exchange listing. Together, we are creating aninfrastructure that offers intermediaries and investors a unique selection oftokenized private market investments in Germany. Plus, by combining ourdistribution networks, we will generate significant scaling effects.”
With over50 issuers, 250 listed tokenized securities, and more than 14,000 registeredprivate and institutional investors, FINEXITY is already one of the leadingtrading and infrastructure providers in the rapidly growing market fortokenized private market investments. The addition of about 70,000 registeredinvestors through Effecta’s tied agents generates substantial synergies for allpartners.
TobiasHirsch, founder and CEO of Effecta GmbH, sees great potential in thecooperation: “For Effecta clients, nothing will change in terms of quality,independence, or service; the business unit will remain independent under theumbrella of Finexity AG. I will remain closely connected to Effecta and thus tomy previous partners and clients, and I look forward to contributing theEffecta philosophy to the strategic development of FINEXITY.”
MichaelOst, Deputy CEO of the FINEXITY Group, adds: “With the integration of Effecta,we are reinforcing our ambition to become Europe’s leading provider oftokenized investment solutions. We are creating superior solutions forintermediaries: regulatory security combined with state-of-the-artinfrastructure and a cross-platform offering of tokenized private marketassets.”
Followingthe successful acquisition of Crowdli AG, a specialized provider of tokenizedreal estate assets, earlier this year, this acquisition once again demonstratesFINEXITY’s clear strategic foresight to establish the central trading venue fortokenized private market investments.
Theacquisition remains subject to the approval by the German Federal FinancialSupervisory Authority (BaFin), and the fulfillment of customary closingconditions. The ownership control procedure will be initiated promptly, and thetransaction is expected to be completed as quickly as possible.
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