STOCKHOLM IT VENTURES makes strategic acquisition and investment in Dubai based Blockchain Technology Capital
STOCKHOLM, SWEDEN (8 NOVEMBER 2018) - Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB - ISIN SE 0006027546) has acquired BlockChain Technology Capital Limited, a Dubai based blockchain startup, in an equity swap plus cash deal. SITV is going through a major acquisition drive as it positions itself as a global leader in providing next generation blockchain based financial services.Blockchain is delivering tremendous disruption in all industry verticals especially in the financial services industry. SITV have been very busy over the last 12 months in acquiring the relevant financial