DWS Group completed the closing of the transfer of its digital investment platform as part of its partnership with BlackFin Capital Partners (BlackFin) which has been announced on October 5, 2021. As planned, DWS will hold a stake of 30 percent in the new company.
As announced last year, we have now completed the transfer of our digital investment platform as part of our partnership with BlackFin.
➡️ Read more here: https://t.co/f1ooYNDUul pic.twitter.com/tBkopItd6n— DWS Group (@DWS_Group) December 1, 2022
The agreed long-term strategic partnership with BlackFin is intended to jointly evolve the digital investment platform into a platform eco system that provides comprehensive digital investment solutions and services to distribution partners, institutional investors and retail clients.
The aim is to adapt the digital investment platform – which will operate under the name of MorgenFund as of now – even better to the opportunities offered by the platform market, which in future will undergo a rapid pace of change as a result of new technologies.
Source: DWS
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