Symvan Capital Exits Custodiex In Key Digital Asset Custody Deal

This exit aligns with Symvan Capital’s recent rebranding, marking its continued growth.

The deal highlights a key moment in the digital asset custody space and supports Symvan’s strategy of backing innovative tech startups. It also reflects a wider trend, with over 1,866 high-growth UK tech firms involved in acquisitions in recent years.

Kealan Doyle, Director at Symvan Capital, said “We are delighted to announce the successful exit of our investment in Custodiex through this strategic acquisition by Amdax.This transaction not only validates our investment thesis but also demonstrates the growing maturity of the digital asset custody market.The combination of Custodiex innovative custody solutions with Amdax established presence in the Netherlands creates a compelling proposition for institutional clients.”

The exit reflects growing optimism around tech M&A seen in early 2025 especially in the digital asset space. It reinforces Symvan Capital’s reputation as a sharp investor in breakthrough technologies and shows its strength in guiding startups toward successful exits.

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“Our strategic stake in Custodiex marks a significant step in our mission to provide financial institutions with a secure and reliable platform for their digital assets “This advanced technology not only enhances our service offering but also raises the bar for security within the European crypto ecosystem, ” said Lucas Wensing CEO of Amdax.

Mike Sumner, CTO and Co-founder of Custodiex added, “We are proud that our technology is becoming part of a company that upholds the same high standards for which Custodiex is known. Together we are building one of the most secure custody environments for digital assets in Europe.”

About Symvan Capital

Symvan Capital is a London-based venture capital fund manager that invests in innovative UK tech startups, especially those using AI and other advanced technologies to solve real-world problems. They offer access to our EIS and SEIS funds, which come with attractive tax benefits for investors.