Foreign media: Private equity firm Bridgepoint plans to spend $262 million to acquire a majority stake in the encryption auditing company ht.digital.

The private equity firm Bridgepoint Group (BPT) has stated that it has agreed to acquire a majority stake in ht.digital. ht.digital is a company that provides financial auditing and Proof of Reserves services for Crypto Assets companies. The acquisition amount has not been disclosed.

Sky News reported that the deal is worth £200 million (approximately $262 million). Bridgepoint has not yet commented on this.

Three years after the collapse of the cryptocurrency exchange FTX, the idea that trading platforms should provide audits and publicly disclose the scale of their held assets is becoming increasingly popular. London-based Bridgepoint stated on Tuesday that regulation is driving demand for independent, institutional-grade verification services, and ht.digital is a company that offers such services.

Bridgepoint partner Matt Legg stated: “ht.digital is at the intersection of two strong long-term trends - the institutional adoption of digital assets and the growing demand from regulators for independent audits and assurances.”

According to the press release, the company was spun off from the accounting firm Harris & Trotter in 2023, integrating blockchain technology, accounting knowledge, and operational experience, and possesses proprietary tools for on-chain verification, reconciliation, and reporting. The company's business spans globally, with over 700 clients.

This investment will be made by Bridgepoint Development Capital V, which is a small and medium-sized enterprise fund under Bridgepoint focused on supporting rapidly growing companies in Europe.

The transaction is expected to be completed in the first half of 2026. Bridgepoint's stock price fell by 0.58% in early trading on the London Stock Exchange, to 275.20 pence. (CoinDesk)