– Bridgepoint to acquire majority stake in ht.digital – Valuation reportedly £200 million, completion expected H1 2026 – Investment by Bridgepoint Development Capital V fund – ht.digital spun off from Harris & Trotter LLP in 2023 – Regulatory scrutiny increases audit demand for digital assets – Major exchanges adopt stricter audits after FTX collapse – ht.digital reports nearly 100% organic revenue growth – Over 700 global clients across exchanges and platforms – Bridgepoint investment supports international growth and tech development – First major private equity deal in crypto audit since FTX collapse

Bridgepoint Group plans to acquire a majority stake in ht.digital, a digital asset assurance firm based in London. The company's estimated valuation is £200 million ($262 million), with the deal expected to close in H1 2026 pending regulatory approvals.

  • Bridgepoint Development Capital V will finance the investment, focusing on European growth companies.
  • ht.digital, originating from Harris & Trotter LLP in 2023, specializes in verifying crypto asset holdings and blockchain transaction audits with operations in London, Malta, and the Cayman Islands.

Audit Demand Driven by Regulatory Pressure

  • Increased regulatory scrutiny on digital assets is raising audit demand.
  • Stablecoin market growth, as highlighted by ECB policymaker Olaf Sleijpen, underscores the need for transparent auditing.
  • Tether's $181 billion assets audit exemplifies large-scale verification needs.
  • Post-FTX collapse, major exchanges and stablecoin issuers have tightened audit requirements.
  • Institutional adoption continues to rise; JPMorgan has tokenized private equity funds, indicating broader market acceptance of crypto.

Private Equity Interest in Crypto Auditing

  • ht.digital reported nearly 100% organic revenue growth over two years, serving over 700 global clients.
  • Bridgepoint's investment aims to enhance international expansion and technological development.
  • The partnership reflects growing demand for verification infrastructure, such as Ondo Finance’s management of $1.8 billion in digital assets.
  • This investment is notable as one of the first significant moves in the sector since the FTX collapse.