Hamburg-based FINEXITY, a platform for digital assets, has announced the acquisition of Swiss company Crowdli AG.

Alongside its subsidiary Crowdlitoken, Crowdli specialises in tokenised real estate investments.

The acquisition was completed through a contribution in kind, in exchange for newly issued shares.

Through the agreement, FINEXITY AG will take over Crowdli and its operational subsidiaries based in Liechtenstein and Switzerland.

As a result of the transaction, Crowdli’s existing shareholders will become shareholders in FINEXITY.

This addition of 39 new shareholders expands FINEXITY’s shareholder base to more than 100, all of whom share an interest in the company’s long-term strategy.

The new shareholders are expected to enhance FINEXITY’s expertise in real estate investment, allowing it to offer broader access to Swiss real estate assets, which will contribute to portfolio diversification and risk management for its investors.

As part of its broader growth strategy, FINEXITY continues to combine organic development with targeted acquisitions in order to strengthen its position in the market.

Paul Huelsmann, Co-Founder and Global Chief Executive of FINEXITY AG, commented on the deal:

“With the acquisition of CROWDLI, we are continuing our growth trajectory. The integration allows us to further scale our business model. Expanding into the attractive Swiss market is a key component of our mid- to long-term strategy to grow beyond our core market in Germany.”

Ernst Sutter, Chairman of the Board of Directors at CROWDLI AG, also remarked on the acquisition:

“We are confident that FINEXITY’s forward-thinking strategy and outstanding expertise in tokenised private market investments will provide our investors with even greater opportunities for diversification and access to innovative investment strategies.”

A key part of CROWDLI’s operations is its subsidiary Crowdlitoken, a provider of digital financial products focused on European real estate.

Since 2020, Crowdlitoken has offered a digital bond for real estate – the first of its kind in Europe.

The company’s securities prospectus permits an issuance volume of up to EUR 1 billion, leaving room for the potential integration of additional products from FINEXITY.

As part of the integration process, around 5,000 registered Crowdlitoken users will be given access to FINEXITY’s marketplace for tokenised assets, which includes private equity, real estate, infrastructure and collectibles.

The expansion is intended to support FINEXITY’s goal of broadening access to private market investments for both retail and professional investors.

Featured image credit: edited from freepik