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Easyfolio Joint Venture

23.01.2018 / 08:30

The NAGA GROUP AG (NAGA) acquires a company share in the investment platform easyfolio.

  • NAGA becomes an anchor shareholder in easyfolio GmbH
  • Use of blockchain technology as innovation driver and future competitive advantage
  • Connection to the NAGA ecosystem is planned

Hamburg / Frankfurt am Main, 23 January 2018

THE NAGA GROUP AG (WKN A161NR, ISIN: DE000A161NR7, abbreviation: N4G) acquires 25 percent of the shares in easyfolio GmbH, Frankfurt am Main, with the option of an increase to a total of up to 49 percent. In addition to Hauck & Aufhäuser AG, NAGA, as an additional anchor shareholder, will support the technological development of easyfolio with a particular focus on the use of blockchain technology.

Easyfolio GmbH is one of the first platforms for digital investment in Germany and currently manages more than EUR 50 million in assets. "The investment in easyfolio represents the perfect addition to our existing product portfolio for NAGA, and will allow us to offer ETF-based investment strategies in the NAGA ecosystem in the future," said Benjamin Bilski, CEO of NAGA. For easyfolio, the new partnership with NAGA means developing new growth potential. With NAGA, we have gained a strong strategic partner with whom we can lead our company into the future with state-of-the-art technology," adds Andreas Mang, Managing Director of easyfolio GmbH.

Press contact
Andreas Luecke
The NAGA Group AG
[email protected]
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