Bitcoin Group SE plans takeover of Bankhaus von der Heydt

Bitcoin Group SE plans takeover of Bankhaus von der Heydt

Herford, 13 December 2022 – Bitcoin Group SE (ISIN DE000A1TNV91) has signed an agreement with the owner of Bankhaus von der Heydt, Dietrich von Boetticher, to acquire 100% of the shares. Final completion of the transaction is still subject to approval by the German Federal Financial Supervisory Authority (BaFin) and is expected in the third quarter of 2023.

Bankhaus von der Heydt has a full banking license and is one of the leading providers in Germany offering custody and tokenization of digital assets. The purchase price consists of a cash payment of EUR 14 million, which can change depending on the development in the equity capital of the target company, as well as 150,000 shares from a capital increase against contributions in kind from Bitcoin Group SE.

Through the merger, Bitcoin Group SE and Bankhaus von der Heydt, two crypto pioneers, will trade together in the future. The aim is to seamlessly connect the banking and capital market infrastructures with the benefits of blockchain technology and thereby provide all banking, securities and cryptocurrency trading services from a single source in a comprehensively regulated and legally secure manner, as well as completely independently.

“With the acquisition of Bankhaus von der Heydt, we combine a traditional crypto-related bank with one of Germany’s oldest trading platforms for cryptocurrency and will in the future be able to operate completely independently of third parties. For Bitcoin Group, it also opens up the opportunity to expand the business beyond the existing activities in securities trading and trading as well as custody of cryptocurrency. Especially in an environment of increasing regulation in cryptocurrency, the acquisition of Bankhaus von der Heydt is a significant step. which will help Bitcoin Group consolidate and expand its market position as one of the leading European cryptocurrency trading platforms,” says Marco Bodewein, CEO of Bitcoin Group SE.

About Bitcoin Group SE:
Bitcoin Group SE is a holding company focused on innovative and disruptive business models and technologies from the cryptocurrency and blockchain sectors. Bitcoin Group SE owns 100% of the shares in futurum bank AG, which operates a trading platform for the digital currencies Bitcoin, Ethereum, Bitcoin Cash, Bitcoin Gold, Litecoin, Dogecoin, Tron, Solana and Ripple under Bitcoin.de, and 50% of the shares in Sineus Financial Services GmbH, a provider of financial services under the supervision of BaFin.

Bitcoin Group SE is listed on the primary market of the Düsseldorf stock exchange as well as on all other German exchanges and XETRA (stock symbol: ADE, ISIN: DE000A1TNV91, GSIN: A1TNV9). For more information about Bitcoin Group SE, please visit bitcoingroup.com.

About Bitcoin.de:
Bitcoin.de is a crypto asset marketplace licensed in Germany and, with more than 1,000,000 registered users, is also one of Europe’s largest crypto marketplaces. After more than 10 years of operation, Bitcoin.de has a reputation for being one of the most secure Bitcoin marketplaces in the world. Since users do not transfer euros to a trust account, but pay conveniently from the bank account, the euro used for trading is even deposit support. The cryptocurrencies managed by Bitcoin.de are kept 98% in secure cold wallets. Bitcoin.de is the first and so far the only Bitcoin trading platform worldwide to have customer balances audited once a year by a publicly appointed German audit firm (current audit as of November 22, 2022). The unique express trading means that trading can take place as quickly as on a stock exchange. In addition to Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Litecoin (LTC), Dogecoin (DOGE), Tron (TRX), Solana (SOL) and Ripple (XRP) traded against euros on Bitcoin.de.

Consult:
Bitcoin Group SE
Marco Bodewein
Luisenstraße 4
32052 Hereford
Email: [email protected]
Telephone: +49.5221.69435.20
Fax: +49.5221.69435.25
Website: www.bitcoingroup.com

Investor Relations Contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Telephone: +49.89.1250903-30
Email: [email protected]
Website: www.crossalliance.de