Bitcoin Group SE acquires renowned Bankhaus von der Heydt
A team led by Dr. Thorsten Kuthe, Heuking Partner at the Cologne office, legally advised Bitcoin Group SE on the acquisition of financial services provider Bankhaus von der Heydt. Closing of the transaction is subject to review and approval by the German Federal Financial Supervisory Authority (BaFin).
Bitcoin Group SE is a holding company with a focus on innovative and disruptive business models and technologies in the fields of cryptocurrency and blockchain. It holds 100% of the shares in futurum bank AG, which operates a trading platform for digital currencies under Bitcoin.de in addition to classic securities services. By acquiring Bankhaus von der Heydt, Bitcoin Group will be able to connect traditional banking with cryptocurrency trading. Bitcoin Group SE is listed on Düsseldorf Stock Exchange’s primary market, on all other German stock exchanges, and on XETRA.
Bankhaus von der Heydt is a fully licensed credit institution. The bank was established as Bankhaus von der Heydt-Kersten & Söhne in Wuppertal-Elberfeld in 1754 and is headquartered in Munich.
Counsel to Bitcoin Group SE
Heuking Kühn Lüer Wojtek:
Dr. Thorsten Kuthe (Lead),
Meike Dresler-Lenz,
Tatiana Vorotnitskaya, k.i.n. (all Corporate/M&A),
Dominik Eickemeier (IP, Media & Technology), all Cologne,
Dr. Christoph Gringel,
Michele von Lewinski (both Banking Supervision), both Frankfurt