Hmmmmmm14 Jan 2025 08:21
GSTechnologies Limited (LSE: GST), the fintech-focused company, is pleased to announce, further to the Company's announcement on 11 December 2024, the successful completion of the acquisition of the business and assets of Cake Pte Ltd and Cake DeFi UAB (together "CAKE"), including the Bake Cryptocurrency Platform ("Bake") (the "Acquisition"). The completion of the Acquisition marks an important milestone for GST as it accelerates the Company's digital asset strategy and positions the Company for future growth in the rapidly evolving digital asset ecosystem. GS Fintech UAB ("GS Fintech"), the wholly owned subsidiary of GST, has paid the cash consideration, funded entirely from the Company's own resources.