Regal Investments Acquires Wall Street VPN for $12 Million
Summary
Regal Investments announced today that it has completed its acquisition of Wall Street VPN for $12 million. The VPN, which provides high frequency trading networks, has been a popular choice among online traders with around 2,000 monthly users in December 2022. According to CEO Roble Regal, the acquisition of Wall Street VPN is a strategic move that will add disruptive technology and techniques to the firms portfolio. "We are excited to bring this innovative technology in-house and to continue to provide our clients with the best tools and resources for trading success," said Mr. Regal. Steven Yiu, lead developer of Wall Street VPN, welcomes the investment and sees it as a way to expand and bring out the full value of the service.
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