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LOS ANGELES, Dec. 18, 2024 (GLOBE NEWSWIRE) -- AI Unlimited Group Inc. (OTCQB: AIUG), a leader in AI-powered solutions across fintech, investment, and travel sectors, is pleased to announce a binding agreement to acquire BeyondTrade Securities, a licensed broker-dealer, at $2.95 per share. This strategic acquisition strengthens AI Unlimited Group’s Nest Egg platform, expanding its capabilities into regulated financial services, including direct brokerage, trade execution, and compliance-integrated solutions.
By integrating BeyondTrade Securities, Nest Egg will offer an end-to-end investment experience, enabling retail investors to seamlessly transition from AI-powered insights to actionable and secure trading. This acquisition marks a pivotal step in aligning AI-driven investment strategies with regulated execution tools that empower users to optimize their portfolios with greater transparency and confidence.
“This acquisition is a significant milestone for AI Unlimited Group as we deepen Nest Egg’s offerings in the regulated financial services sector,” said, Trent McKendrick, CEO for AI Unlimited Group. “Integrating BeyondTrade’s brokerage expertise perfectly aligns with our mission to provide investors with AI-powered tools that simplify and streamline the investment process, enabling smarter, faster, and compliant financial decisions.”
As part of the acquisition, BeyondTrade’s founder, Bruce Ji, will join AI Unlimited Group as Senior Vice President of Nest Egg, remaining principle of BeyondTrade Securities. Bruce brings over two decades of experience in the financial services industry, rising through the ranks to become a recognized leader in global brokerage operations and risk management.
Bruce began his career as an intern at Scottrade in 2004 and quickly distinguished himself through exceptional work ethic and strategic insight. By 2009, he was promoted to Asian Pacific (AP) Service Supervisor, where he led daily operations, evaluated team performance, and implemented training programs to elevate team capabilities. Under Bruce’s leadership, Scottrade’s AP division achieved notable operational growth and risk management excellence.
Bruce was instrumental in building a new global accounts division, overseeing risk control for AP accounts, and approving new accounts with precision to ensure compliance. By the time he departed Scottrade in 2018, Bruce had built and managed a team of 35 high-performing stockbrokers, driving success through innovation, operational excellence, and client satisfaction.
“I am excited to join AI Unlimited Group and be part of the vision and future of this innovative team,” said Bruce Ji. “Together, we’ll empower investors with AI-driven tools, seamless access to global financial markets, and secure, compliant investment solutions tailored to the evolving demands of modern investors.”