Euroclear completes Goji acquisition 17 July 2023Belgium Reporter: Lucy Carter
Image: Blue Planet Studio/stock.adobe.com
Euroclear has successfully completed its acquisition of UK-based fintech Goji, following its initial announcement of intent in December 2022.
The announcement follows Euroclear’s acquisition of the MFEX fund distribution platform in March 2021, and continues the firm’s expansion into private markets.
Goji provides digital access and technology-enabled solutions to private markets, and will allow Euroclear clients to further streamline trading and custody, increase accessibility and reduce cost of access to private market funds.
Lieve Mostrey, CEO of Euroclear, says: “The acquisition enables Euroclear to diversify and expand its product and service offerings in private markets, providing clients with a comprehensive suite of solutions catering to their evolving needs. Through our collaboration with Goji we will build a global network for private funds.”
David Genn, CEO of Goji, adds: “We are pleased to provide the technological infrastructure necessary to unlock private markets for all investor groups. The integration of Euroclear’s cross-border fund network with Goji’s technology and experience allows us to deliver a solution that will transform the private markets industry.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Blue Planet Studio/stock.adobe.com 