Euroclear is set to acquire Goji, a London-based provider of digital access and technology for private markets.
Goji currently serves nearly 30,000 investors across 80 jurisdictions, offering technology that facilitates access to private markets for a new class of investors. This acquisition will enable Euroclear to extend its presence in the private markets, which are valued at $9.8 trillion and projected to grow to $14.4 trillion by 2025, following its recent acquisition of the MFEX funds distribution platform.
David Genn, CEO of Goji, stated, “The ever-increasing demand from all investor groups to access private funds highlights the need for an end-to-end digital processing solution for these asset classes. The combination of Euroclear’s position in the funds industry with Goji’s technology and expertise will allow us to deliver a transformative solution for the private markets industry.”
Euroclear’s CEO, Lieve Mostrey, emphasized that the business can now offer a comprehensive range of products, including mutual and alternative funds, ETFs, and private funds. “There is strong market demand for more scalable and digitalized solutions. Given these opportunities, it makes perfect sense to add this capability to our service portfolio,” she noted. “One year after the MFEX acquisition, this new investment aligns perfectly with our global funds strategy to establish a leading platform across all fund asset classes.”
The terms of the transaction remain undisclosed.