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TROOPS, Inc. Announces Landmark Merger with EFFORCE Group, Expanding into Multi-Vertical Digital Asset Infrastructure and Securing Crypto Trading

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TROOPS, Inc. Announces Landmark Merger with EFFORCE Group, Expanding into Multi-Vertical Digital Asset Infrastructure and Securing Crypto Trading

TROOPS, Inc. (“TROOPS” or the “Company”), a diversified conglomerate spanning financial technology and insurance services, announced that it has signed a merger agreement with EFFORCE Group.

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TROOPS (NASDAQ: TROO) announces a merger agreement with EFFORCE Group, co-founded by Steve Wozniak, to expand digital asset infrastructure, crypto trading and sustainability-focused opportunities.

This strategic combination unites TROOPS’ robust ecosystem with EFFORCE’s blockchain infrastructure and regulatory credentials. Founded by Apple co-founder Steve Wozniak, EFFORCE has established a presence in the digital asset and sustainability sectors through its focus on innovative technology-driven solutions. Mr. Wozniak remains a shareholder of EFFORCE following the transaction.

The merger is intended to bring together complementary strengths across technology, regulatory compliance, business development, and market access. By combining their respective capabilities, the parties aim to create a stronger platform positioned to pursue opportunities across multiple segments of the evolving digital asset economy.

Through this merger, TROOPS gains access to EFFORCE Group’s frameworks, expanding its operational scope beyond traditional cryptocurrency exchange capabilities into synergistic digital verticals including the possibility of access trades for carbon credit and green certificates.

The combined group intends to leverage its expanded infrastructure and industry expertise to pursue opportunities spanning digital assets, sustainability-focused initiatives, financial services integration, and related technology-driven business models.

The transaction is expected to provide a foundation for future growth while enhancing the group’s ability to serve institutional and commercial clients across multiple markets.

“This merger represents a significant milestone for TROOPS as we continue to expand our digital asset infrastructure and diversified business platform,” said Damian Thurnheer, President and CEO of TROOPS, Inc.


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