FDCTech, the owner of CFD broker Alchemy Markets, has secured shareholder approval to adjust its capital structure and prepare for uplisting to a major U.S. exchange. The company said the measures will support acquisitions and give it flexibility to meet regulatory requirements for a Nasdaq or NYSE listing.Shareholder ApprovalsInvestors controlling most of FDCTech’s voting rights agreed to increase the authorized common stock from 500 million to 750 million and the preferred stock from 10 million to 15 million. The board also has the option to implement a reverse stock split of between 1-for-10 and 1-for-100 before June 30, 2026.The company stressed that the authorizations do not change existing shareholder ownership today. Instead, they provide tools to align with capital market standards.FDCTech is currently listed on the OTC markets. Moving to a national exchange would expand access to institutional investors, improve liquidity, and increase analyst coverage. The company said management and insiders hold a significant stake, which it described as an alignment of interests with shareholders.Acquisition StrategyThe firm focuses on acquiring and modernizing small and mid-size financial services companies. It has already announced plans to buy Sweden’s Steven AB, which operates as Xoala. Additional deals are expected as FDCTech builds its fintech and brokerage presence in Europe and Asia. FDCTech’s international strategy is supported by Alchemy Markets Ltd., a Malta-based investment firm regulated under MiFID II.Expect ongoing updates as this story evolves. This article was written by Jared Kirui at www.financemagnates.com.

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