FDCTech, a U.S.-based financial technology company, has finalized its purchase of Alchemy International Ltd., a securities dealer licensed in the Seychelles. The deal, which received approval from the Seychelles Financial Services Authority at the end of October, signals FDCTech’s continued expansion into global markets.
The acquisition provides FDCTech with a fully operational subsidiary that holds a regulatory license from the Seychelles, a jurisdiction known for its appeal to offshore financial businesses.
Expanded Services for Institutional Clients
Company statements indicate this will allow FDCTech to offer services to international brokerage firms, high-frequency trading companies and institutional clients seeking access to foreign exchange and other markets.
According to the terms of the share purchase agreement, FDCTech acquired the vast majority of Alchemy’s shares from previous owners Sync Capital Limited and Gope Shyamdas Kundnani. The total cost of the acquisition could reach $2 million, with a final adjustment based on Alchemy’s capital reserves. FDCTech has the option to pay the sum in cash or in company stock by the end of January 2026.
The company described Alchemy International as a profitable entity with a multi-faceted revenue stream, which includes its own trading profits, fees from liquidity providers and an institutional execution service that has generated more than $1 million in service fees this year.
Building a Vertically Integrated Trading Ecosystem
The move is part of FDCTech’s strategy to build a comprehensive, vertically integrated group for trading and payments, following its previous acquisitions of firms in Europe and Australia. The Seychelles license is seen as a key asset, enabling the company to cater to clients operating outside the purview of stricter European regulations.
FDCTech stated it will begin consolidating Alchemy’s financials into its accounts for the final quarter of 2025. Further details of the transaction, which was reviewed by the company’s board as a related-party deal, will be disclosed in upcoming regulatory filings with the U.S. Securities and Exchange Commission.
As reported in August, FDCTech introduced a Copy Trading mobile application via Alchemy Markets Ltd. The app functions as a dual-sided platform, enabling novice investors to replicate the trades of high-performing professionals, while experienced traders can generate income by sharing their strategies and earning fees from followers.
Read More: EURJPY Overbought Conditions Favor Short Trade — Analysis
Disclaimer: The content presented herein is for informational purposes only. While efforts have been made to ensure the accuracy of the information, no guarantees are made regarding its completeness, reliability or suitability for any particular purpose. Before making any financial decisions, we strongly advise seeking guidance from a qualified professional.
