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Virgo Group Announces Acquisition Of Arxnovum Investments To Incubate Crypto Investment Funds

PRIVATEMay 05, 2023

Acquiring Company

Virgo Group

Acquired Company

Arxnovum Investments

Information TechnologyBlockchainCryptocurrencyFinancial Services

Description

Virgo Global Holdings Inc., the holding company of VirgoCX Inc. and other companies (“Virgo Group”), is pleased to announce the acquisition of Toronto-based Canadian crypto asset management firm Arxnovum Investments Inc., pending regulatory approval.

Quick answer

Virgo Group is acquiring Arxnovum Investments, announced May 5, 2023.

How much did Virgo Group pay for Arxnovum Investments?
The deal value was not disclosed.
What does Virgo Group do?
Virgo Group is dedicated to enabling massive adoption of crypto assets and blockchain technology on a global scale.

Source: Fundz verified event record.

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Company Information

Company

Virgo Group

About

Virgo Group is dedicated to enabling massive adoption of crypto assets and blockchain technology on a global scale. Virgo Group offers multiple business lines, including regulated retail fiat-to-crypto trading and crypto over-the-counter (OTC) trading. With continuous innovation in mind, Virgo Group is poised to become an integrated global digital asset service provider. For information about Virgo Group, please visit: www.virgo.coFor information about VirgoCX, please visit: www.virgocx.ca

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Frequently asked

Who acquired Arxnovum Investments?

Arxnovum Investments was acquired by Virgo Group. The deal was reported on May 5, 2023. Virgo Group is dedicated to enabling massive adoption of crypto assets and blockchain technology on a global scale. Virgo Group is privately held and operates in Information Technology.

When did Virgo Group acquire Arxnovum Investments?

Virgo Group's acquisition of Arxnovum Investments was reported on May 5, 2023. Virgo Global Holdings Inc., the holding company of VirgoCX Inc. and other companies (“Virgo Group”), is pleased to announce the acquisition of Toronto-based Canadian crypto asset management firm Arxnovum Investments Inc., pending regulatory approval. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Arxnovum Investments do?

Arxnovum is focused on alternative asset management. The Arxnovum team, led by Shaun Cumby and Tanvir Sodhi, has over 40 combined years in investing experience in both traditional and digital assets. It is privately held, operating in Financial Services.

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