TECTONA LTD
TTASE:TECT144.30
ILA
+2.60
(+1.83%)
TECTONA LTD
TASE:TECT
(Tel Aviv Stock Exchange)
Recent
price
144.30
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Tectona Ltd Tectona Ltd (TLV:TECT) focuses on digital assets, cryptographic currencies, and blockchain technology, investing and trading in various facets of these sectors while providing capital markets access to linked financial instruments. The company operates through Tectona Financial Services, which develops technical and blockchain-related financial products including advanced trading solutions leveraging algorithmic strategies and high-frequency trading in cryptocurrency and decentralized finance (DeFi); Tectona Proprietary Trading; Tectona Labs; and Tectona Ventures, which partners with and invests in promising technologies in DeFi, Web3, non-fungible tokens (NFTs), and play-to-earn verticals. Founded in 1981 and headquartered in Ramat Gan, Israel, Tectona Ltd, formerly known as White Smoke Ltd White Smoke Ltd, changed its name in July 2021 to reflect its pivot to blockchain activities and operates primarily in Israel with a global focus on digital asset innovation. Recent developments include the July 2025 agreement to acquire a 51% stake in Broom Brothers Limited for approximately $0.4 million in cash and shares, providing the target with a $2 million credit line; and the completion in October 2024 of a minority stake acquisition in Horizon Digital Assets Ltd from Altshuler Shaham Group for ILS 18 million in cash and shares.