DeFi asset management platform Yield App acquires cryptocurrency structured product provider Trofi Group

ChainCatcher news, according to PR Newswire, the DeFi asset management platform Yield App has completed the acquisition of the cryptocurrency structured product provider Trofi Group, meeting the growing demand from investors for enhanced yield investment opportunities, with the specific acquisition amount not yet disclosed. Following the acquisition, Yield App will launch a dedicated investment beta application "Trofi," allowing users to access Yield App's first crypto structured product through four different strategies, including the time-based yield strategy "Dual Currency," the price range-based strategy "Range," and the long investor strategies "Sharkfin" and "Target." (source link)