IVD Medical acquires 20.31% stake in GoFintech Quantum for $3.142b

This marks the company’s move to elevate the on-chain financial ecosystem.

IVD Medical Holding has announced that its wholly-owned subsidiary, Final Touch Ltd., has entered into a sale and purchase agreement to acquire 20.31% shares in GoFintech Quantum Innovation for a total consideration of approximately $3.142b.

According to the company, this acquisition is a “significant step” for IVD Medical in advancing its real-world asset (RWA) exchange strategy and achieving ecosystem synergy. It marks a key step for the company in digital finance and cross-sector integration.

Upon completion of the transaction, the combined total assets of IVD Medical and GoFintech will exceed $11b.

GoFintech possesses extensive resources and license advantages in traditional finance, and IVD Medical is expected to leverage this opportunity to broaden its capital channels, optimise capital allocation, and build a more resilient and interconnected capital ecosystem.