RE: Morning all9 Jan 2025 07:45
Exactly Billy, Julian Hosp articulates what's unfolding here perfectly in his blog. It's well worth a read. A summary is pasted below plus the link:
* Bake perfectly complements GSTechnologies’ existing ecosystem by adding a proven platform for digital currency cashflow services, seamlessly integrating into GSTechnologies’ broader vision for secure, scalable, and future-oriented digital finance. Building on the solid foundation our customers value, GSTechnologies brings a strong vision, a long-term perspective and robust leadership to secure a prosperous future for both the business as well as our customers. With their expertise and commitment, our customers will benefit from the stability, ongoing improvements to existing products and innovative services, especially in combination with the comprehensive suite of GST’s existing offerings.
* What does this mean for you as a customer? Foremost, we want to thank you for having been with us on this entire journey, with its ups and downs so far. With this transition to new ownership, we are excited to state that your most valued key points remain unchanged —services as usual, funds remaining safe, and our familiar platform at bake.io and the existing app continuing uninterrupted. The majority of our team will transition to join GSTechnologies, ensuring that you will keep working with people you already know and who understand your needs. Rest assured, your digital assets are 100% secure, and you will still enjoy the easy, transparent access to digital currency cashflow opportunities that brought you here in the first place.
* We’re also pleased to confirm that Dr. Julian Hosp as well as the other members of the executive leadership team will remain onboard throughout the transition, offering guidance and maintaining continuity. Dr. Julian Hosp has announced that after the transition period, he plans to spend more time with his family. With GSTechnologies at the helm, backed by fresh capital and operational excellence, we’re confident that you—our valued customers—will reap the benefits of this new chapter.
* This is more than just an acquisition. It’s an incredible opportunity to move forward from the past year’s challenges and deliver on the promise we made when we first launched: to bring accessible, transparent, and attractive digital asset services to everyone.
https://blog.bake.io/strong-future-ahead-gstechnologies-acquires-bake/
Good luck, Brighty