on The Naga Group AG (isin : DE000A161NR7)
NAGA Secures $8 Million Investment to Boost Growth
The NAGA Group AG has secured a strategic investment worth USD 8 million aimed at accelerating its growth. The funds, sourced through a convertible bond with Presto and MDream, will enhance NAGA’s trading offerings and digital asset infrastructure. This collaboration will not only bring in capital but also expert insights, particularly in quantitative trading and fintech innovations.
Presto, founded in 2014, will work with NAGA to develop new trading products and enhance existing infrastructure. Meanwhile, MDream’s fintech expertise will assist in expanding NAGA's ecosystem to unite centralized and decentralized finance. This initiative aligns with NAGA's aim to improve its services and capture growth opportunities within the trading and digital asset markets.
R. P.
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