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GSTechnologies Ltd. ( (GB:GST) ) has provided an announcement.
GSTechnologies Ltd has announced the acquisition of CAKE’s business and assets, including its cryptocurrency investment platform Bake, to expand the capabilities and user base of its GS20 Exchange platform. This strategic move is expected to enhance technological infrastructure, increase user engagement, and drive substantial revenue growth by leveraging CAKE’s strong market presence in the DACH region, marking a significant step in strengthening GST’s position in the global fintech and cryptoasset sectors.
More about GSTechnologies Ltd.
GSTechnologies Ltd is a fintech company primarily focused on cryptocurrency and digital finance solutions. The company operates through its subsidiary GS Fintech UAB, managing the GS20 Exchange platform which offers services to both retail and institutional customers within the international digital assets market.
YTD Price Performance: 7.41%
Average Trading Volume: 15,702,282
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £28.63M
See more data about GST stock on TipRanks’ Stock Analysis page.
