Acquiring Company
SWI Group
Acquired Company
Genesis Digital Assets
Description
SWI Group has successfully completed its acquisition of a controlling stake in Genesis Digital Assets. The acquisition marks SWI's entry into the digital infrastructure space with a focus on cryptocurrency mining. Genesis Digital Assets will be rebranded as SWI Digital under the SWI Group umbrella. The move enhances SWI's technology platform and service offerings in the US market.
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Based on deal dataFrequently asked
Who acquired Genesis Digital Assets?
Genesis Digital Assets was acquired by SWI Group, based in London. The deal was reported on August 14, 2026. SWI Group is an alternative investment platform formed from the merger of Icona Capital and Stoneweg. It operates with over €10 billion in assets under management. SWI Group is privately held and operates in Financial Services.
When did SWI Group acquire Genesis Digital Assets?
SWI Group's acquisition of Genesis Digital Assets was reported on August 14, 2026. SWI Group has successfully completed its acquisition of a controlling stake in Genesis Digital Assets. The acquisition marks SWI's entry into the digital infrastructure space with a focus on cryptocurrency mining. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Genesis Digital Assets do?
The company was founded by five founders, Marco Streng and Marco Krohn from Genesis Mining and three former mining industry executives, Abdumalik Mirakhmedov, Andrey Kim, and Rashit Makhat. It is privately held, operating in Software, and is based in New York.