Btcturk Acquires VNGRS to Strengthen Its Tech Capabilities

Btcturk has acquired VNGRS, a software and technology company, to expand its development capacity and enhance its technology infrastructure.

VNGRS acquisition marks a strategic step in Btcturk’s tech roadmap

Btcturk, a prominent player in Turkey's crypto and financial technology landscape, announced the acquisition of VNGRS, a company specialized in software development and digital transformation. With this acquisition, Btcturk aims to reinforce its technology infrastructure and improve product development processes by integrating VNGRS’s engineering experience into its operations.

As part of the acquisition, Deniz Oktar, co-founder and CEO of VNGRS, has been appointed as the new CEO of Btcturk Teknoloji. Additionally, Baris Can Daylik, who previously served as CTO at VNGRS, will now take on the same role within Btcturk Teknoloji. The company indicated that this move aligns with its broader objective to evolve into a technology-driven financial services provider.

Expanding software development and product enhancement

The integration of VNGRS into Btcturk is expected to accelerate software development capabilities while contributing to the company’s user experience goals. According to the official statement, the acquisition supports the ongoing strategy of building robust digital systems and developing scalable solutions within the fintech sector.

Kerem Tibuk, Founder and CEO of Btcturk, emphasized the significance of incorporating engineering talent to support the company's long-term objectives. “We are pleased to welcome the experience and technical expertise of VNGRS under the Btcturk Teknoloji structure,” he said, adding that the merger is part of a broader goal to deliver a more secure and efficient technology infrastructure to users.

Focus on sector-specific innovation and long-term growth

With the growing demands in financial technology, Btcturk continues to evolve its internal structure to stay aligned with its strategic goals. The integration of VNGRS is viewed as a way to foster innovation and boost operational efficiency in software development. By enhancing its engineering base, the company aims to expand its impact across the financial ecosystem.

Commenting on the acquisition, Deniz Oktar noted: “We are excited to integrate the software and engineering capabilities we’ve developed over the years into Btcturk’s ecosystem. This collaboration will accelerate technological innovation and help us develop sector-shaping solutions.”

Through this acquisition, Btcturk not only expands its development teams but also signals a commitment to strengthening its role in financial technology by focusing on scalable, sustainable growth backed by in-house engineering expertise.