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Bitcoin Group SE to acquire Bankhaus von der Heydt

In a press release from Bitcoin Group SE, the company says it has reached an agreement for a full takeover with the owner of Bankhaus von der Heydt, Dietrich von Boetticher.

By Luc Vesters
• 2 min read
Bitcoin Group SE to acquire Bankhaus von der Heydt

In a press release from Bitcoin Group SE it is reported that the company has reached an agreement for a full takeover with the owner of Bankhaus von der Heydt, Dietrich von Boetticher. In October this step was already considered. The parent company of the German crypto trading platform bitcoin.de aims to complete the restructuring within 2023. The final closing of the transaction is still subject to approval by the federal financial watchdog BaFin, according to the press release.

Bitcoin Group SE CEO Marco Bodewein commented on the deal's strategic goals: "With the acquisition of Bankhaus von der Heydt, we are combining a traditional crypto-related bank with one of Germany’s oldest cryptocurrency trading platforms and will be able to operate completely independently from third parties in the future. The Bitcoin Group also has the opportunity to expand activities beyond its previous operations in securities trading and crypto trading."

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