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The latest update is out from Matica Fintec SpA ( (IT:MFT) ).
Matica Fintec S.p.A. has completed the transfer of its entire participation in Matica Corp. and a 54.55% stake in Digital Identity Solutions Korea (DISK) Co., Ltd. from Matica Technologies Group S.A. This strategic move, part of a reverse takeover operation, strengthens Matica Fintec’s market position and fulfills the conditions for a capital increase, enhancing its operational capabilities and market influence.
More about Matica Fintec SpA
Matica Fintec S.p.A. is an Innovative SME based in Milan, specializing in the design, production, and marketing of advanced systems for issuing digital cards for financial institutions and government entities. The company emphasizes high security standards and invests significantly in research and development, holding 9 patents and recognized as an Innovative SME.
Average Trading Volume: 6,037
Technical Sentiment Signal: Buy
Current Market Cap: €18.52M
Learn more about MFT stock on TipRanks’ Stock Analysis page.