TROOPS Acquires EFFORCE to Expand Digital Asset Business
TROOPS Inc. (TROO) has signed a conditional share purchase agreement with EFFORCE Group to acquire EFFORCE in order to expand its digital asset infrastructure business. EFFORCE was founded by Apple co-founder Steve Wozniak and focuses on blockchain technology, digital assets, and sustainability. After the transaction is completed, Wozniak will retain his stake as a shareholder of EFFORCE. TROOPS stated that this merger will combine the strengths of both parties in technology, regulatory compliance, business expansion, and market channels to create a digital asset infrastructure platform covering multiple sectors.
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