FDCTech Finalises Acquisition Of Seychelles Securities Dealer Alchemy International

Fintech-infrastructure provider FDCTech, Inc. (“FDC”, PINK: FDCT) has completed the acquisition of Seychelles-licensed securities dealer Alchemy International Ltd., in a move that expands its global regulatory footprint and deepens its institutional brokerage capabilities.

 

The transaction, approved by the Seychelles Financial Services Authority (FSA) on 29 October 2025, gives FDCTech full operating control of Alchemy International, which holds Securities Dealer Licence SD136. Alchemy will sit as a key operational subsidiary within FDCTech’s growing offshore architecture, targeting brokerages, high-frequency traders and institutional clients seeking regulated access to FX and multi-asset markets.

 

Under a Share Purchase Agreement dated 29 October 2025, FDCTech acquired 49,950 of 50,000 issued shares in Alchemy International from Sync Capital Limited and Gope Shyamdas Kundnani. The deal values the business at up to $2,000,000, with the final consideration subject to adjustment based on regulatory own funds capital at closing, as required by the Seychelles FSA. The amount is payable in cash or FDCTech stock by 29 January 2026, at the company’s discretion.

 

The company has structured the acquisition as a related-party transaction under ASC 850 and Regulation S-K Item 404, with oversight from disinterested members of FDCTech’s Board of Directors.

 

Profitability And Balance Sheet Impact

FDCTech is acquiring what it describes as a profitable, capitalised offshore dealer with scope to scale. According to Alchemy International’s unaudited US GAAP results:

 

🔹 For fiscal 2024, revenue was $3,738,272 with net profit of $484,306 and net assets of $2,162,673.

🔹 For the nine months to 30 September 2025, revenue rose to $7,558,755 with net profit of $3,910,012 and net assets of $6,072,685.

🔹 Client assets across institutional liquidity accounts increased from $5,389,203 as at 31 December 2024 to $10,842,436 as at 30 September 2025.

 

Alchemy’s revenue mix includes trading and hedging P&L, rebates from liquidity providers and a high-margin institutional execution business, which has generated more than $1 million in service fees year-to-date.

 

Strategic Rationale And Synergies

FDCTech said the deal is part of its strategy to build a vertically integrated trading and payments group, adding Seychelles to a regulatory line-up that already includes licences in Europe (Malta, UK) and Australia. The Seychelles licence is expected to support:

 

Regulatory Reach: Broader coverage for onboarding offshore brokers and high-volume algorithmic traders under the FSA’s SD regime.

Earnings Accretion: An immediate contribution to net income, with a positive impact on consolidated EBITDA for FY 2025.

Platform Synergies: Integration with FDCTech’s Condor Trading platform and liquidity stack, enabling cross-sell of Prime-of-Prime, custody and technology-as-a-service solutions.

Institutional Access: A wider universe of brokers and family offices seeking execution venues outside traditional European regulatory frameworks.

 

FDCTech plans to consolidate Alchemy International’s financials into its Q4 2025 reporting, connect the business to Condor Trading and begin cross-jurisdiction onboarding of new institutional clients operating under the Seychelles licence. Additional disclosures on the related-party nature of the transaction will appear in an upcoming Form 8-K and in the company’s Form 10-K for the year ending 31 December 2025, to be filed with the US Securities and Exchange Commission.

 

 

Seychelles-based Alchemy International Ltd. is a licensed Securities Dealer regulated by the Financial Services Authority of Seychelles under licence SD136. The firm focuses on foreign exchange and CFD execution for retail and institutional clients, offering access to Tier-1 liquidity providers, proprietary risk engines and client-asset safeguarding structures.

 

US-based FDCTech, Inc. is a regulatory-grade financial technology infrastructure developer serving regulated and OTC brokerages, as well as proprietary and algorithmic trading firms across foreign exchange, stocks, commodities, indices, ETFs, precious metals and other asset classes. The company’s growth model centres on acquiring and integrating small to mid-size legacy financial services businesses and overlaying them with its proprietary trading technology and liquidity solutions.

 

Found this interesting? Become a member of LiquidityFinder and get daily industry news direct to your inbox — join here.