IN BRIEF: GSTechnologies buys Polish crypto service provider Finferno
GSTechnologies Ltd - Perth, Australia-based fintech company - Agrees to buy Polish virtual asset service provider Finferno Spolka Z Ograniczona Odpowiedzialnoscia for an undisclosed cash fee. Says the acquisition is intended to help the growth of its digital asset business, focused on both digital asset exchange and wealth management, in Poland and Central Europe. Adds that the acquisition of Finferno will allow it to launch new offerings in Poland, initially on a pilot basis. GST says it sees Poland as a "particularly attractive area for future growth" given "robust" economic growth forecasts and "surging" adoption of cryptocurrency. Read More