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FDCTech ( (FDCT) ) has issued an announcement.
On January 27, 2025, FDCTech, Inc. announced the signing of a Letter of Intent to acquire Alchemy Global Ltd., a Seychelles-registered securities dealer. The acquisition, valued at $2,050,000, aligns with FDCTech’s strategy to expand its market presence in the Middle Eastern and Asian regions. With Alchemy Global’s established presence and regulatory credentials, FDCTech aims to integrate its proprietary trading platform and enhance operational efficiency, tapping into emerging economies with high growth potential in financial trading and brokerage sectors.
More about FDCTech
FDCTech, Inc. is a fintech-driven company that specializes in acquiring and integrating small to mid-size legacy financial services firms. It operates in the regulatory-grade financial technology infrastructure sector, serving clients such as regulated and OTC brokerages, and prop and algo trading firms across multiple asset classes including forex, stocks, CFDs, and commodities.
YTD Price Performance: 360.0%
Average Trading Volume: 822,886
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $27.15M
For an in-depth examination of FDCT stock, go to TipRanks’ Stock Analysis page.