Australian financial and information technology solutions company GSTechnologies (GST), listed on the London Stock Exchange, has acquired the Lithuanian company Glindala for EUR 27,500 and intends to trade in cryptocurrencies.
GST, which has been providing international money transfer and virtual bank account services for 30 years, announced on its website on Thursday that it plans to use the Lithuanian company for development – it intends to start trading in cryptocurrencies in the second quarter.
GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.