TROOPS, Inc. Announces Landmark Merger with EFFORCE Group, Expanding into Multi-Vertical Digital Asset Infrastructure and Securing Crypto Trading
Business Wire•12/10/2026•09:40 ET
2
Key Highlights
- ➤TROOPS (TROO) signs merger agreement with EFFORCE Group
- ➤EFFORCE founded by Apple co-founder Steve Wozniak, who remains a shareholder
- ➤Merger expands TROOPS into digital assets, sustainability, and financial services
- ➤Combined group may pursue carbon credit and green certificate access trades
- ➤Closing remains subject to customary conditions and approvals
Expert Statements
Damian Thurnheer, President and CEO of TROOPS, Inc.
“This merger represents a significant milestone for TROOPS as we continue to expand our digital asset infrastructure and diversified business platform,”
Damian Thurnheer, President and CEO of TROOPS, Inc.
“The combination of EFFORCE's technology, regulatory capabilities, and industry expertise with TROOPS' existing operations creates new opportunities for growth, innovation, and value creation.”
Sergio Carloni, CEO of EFFORCE Group
“The combination of EFFORCE's licensing framework, digital asset expertise, and sustainability-focused initiatives with TROOPS' market presence creates a strong foundation for future development across multiple business verticals.”
Sergio Carloni, CEO of EFFORCE Group
“We believe the transaction will enable the combined group to explore new strategic opportunities while leveraging the strengths of both organisations.”
TROOPS, Inc. Announces Landmark Merger with EFFORCE Group, Expanding into Multi-Vertical Digital Asset Infrastructure and Securing Crypto Trading
TROOPS , Inc. (NASDAQ: TROO) ("TROOPS" or the "Company"), a diversified conglomerate spanning financial technology and insurance services, today announced that it has signed a merger agreement with EFFORCE Group.
Get started
Create a free account to read the full story.