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Logicom Boosts Investment In Demetra Holdings With New Share Acquisition

On April 7, 2025, Logicom Services Limited announced a strategic move to enhance its investment portfolio by purchasing an additional 16,456 shares in Demetra Holdings Plc at €1.55 each. This acquisition raises Logicom’s ownership to a solid 38.5% of Demetra’s total issued share capital and voting rights, according to a filing with the Cyprus Stock Exchange.

The Financial Impact

The transaction’s total value is €25,506.80, which consolidates Logicom’s holding to 77,000,909 shares in the investment firm. This decision is in compliance with the Public Takeover Bids Law of 2007 to 2022, underscoring Logicom’s commitment to bolstering its asset base.

The Bigger Picture

This strategic move aligns with broader trends in the investment arena, where firms like insurers are diversifying their portfolios to enhance returns. It also comes amidst significant economic developments, such as the potential lift of the Cyprus Arms Embargo, which may affect regional investments.

SEC Drops Lawsuit Against Gemini: A Major Turning Point In Crypto Regulation

SEC Dismisses Legal Action Against Gemini

The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss. The move follows a joint court filing in which both the regulator and Gemini sought dismissal of the case that centered on the collapse of the Gemini Earn investment product, a debacle that left investors without access to their funds for 18 months.

Settlement And Regulatory Reassessment

In a significant development, a 2024 settlement between New York and Gemini ensured that investors recovered one hundred percent of their crypto assets loaned through the Gemini Earn program. The legal reprieve comes on the heels of actions initiated by New York Attorney General Letitia James, who accused Gemini of defrauding investors.

Political Backdrop And Industry Implications

This dismissal reinforces a broader trend of regulatory leniency toward the crypto sector noted during the Trump administration, which saw the SEC dismiss, pause, or reduce penalties in more than 60 percent of its pending crypto lawsuits. Meanwhile, Gemini’s recent public offering filing underscores its ambitions to solidify its status as a major player in the evolving digital asset market.

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