Emil Assentato has made a strategic investment in GBT Technologies to support its potential transition to Wertheim & Company.

Mr Assentato has over forty years of experience in financial markets. He previously served as a Board member of Compagnie Financière Tradition. He has held leadership positions overseeing North American and Latin American operations for Tradition and other institutions. Mr Assentato is a founder of FXDD.

Mr Assentato has made a strategic investment in GBT Technologies to support its potential transition to Wertheim & Company and is developing initiatives to expand trading and asset management capabilities, including crypto treasury management solutions.

GBT Technologies Inc has announced its intention to change its corporate name to Wertheim & Company, subject to customary legal and regulatory approvals. The rebranding reflects the company’s plan to transition into a global merchant banking platform.

Craig Marshak will be appointed Chief Executive Officer, bringing more than three decades of investment banking and growth capital experience, including his leadership role at Nomura’s $500 million Growth and Technology Fund in London. Additionally, the Board of Directors intends to appoint Harinder Sandhu as a member.

The “Wertheim & Company” trademark, which dates back to the original Wertheim & Company founded in 1927, has been registered by Mr. Marshak and is intended for adoption as part of the transition.

There is no guarantee that any of the potential transactions described herein will be completed unless and until definitive agreements are signed.