On July 15, 2021, Liechtenstein Global Trust announced that it will acquire a minority stake in LIQID Investments GmbH.
Pursuant to the agreement, Liechtenstein Global Trust (“LGT”) will acquire a minority stake in LIQID Investments GmbH (“LIQID”). As part of the deal, LGT will assist LIQID in developing an investment strategy for its clients. The transaction will close upon receipt of necessary regulatory approvals. Further terms of the deal were not disclosed.
LGT, based in Liechtenstein, is an international private banking and asset management group controlled by the Liechtenstein Princely Family. As of December 31, 2020, LGT managed approximately $272.4 billion in assets.
LIQID, based in Berlin, Germany, is a digital wealth manager focused on affluent private clients. As of July 1, 2021, LIQID managed approximately $1.7 billion in assets.
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