Category: mergers and acquisitions

Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors

Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors

Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities Exchange-listed (CSE) firm, access to the European retail market through […]

Continue Reading

Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration

Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration

Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very unlikely the DEXs’ liquidity would surpass their own liquidity in 2 years’ time. […]

Continue Reading

A recap of blockchain/crypto M&A activity during Q3

A recap of blockchain/crypto M&A activity during Q3

Mergers and acquisitions (M&A) accounted for $152.6 million in Q3, or roughly 17% of the total reported value for the quarter There were a total of 14 M&A transactions during Q3, representing about 6.5% of all deals Continued consolidation occurred in the data sector and banking & payments segments with new entrants in the debit/credit […]

Continue Reading

Summarizing Q3 2020’s blockchain and crypto venture investments

Summarizing Q3 2020’s blockchain and crypto venture investments

Quick Take $897.7 million across 212 venture deals was allocated to the blockchain/crypto vertical during the third quarter of 2020 Early-stage and seed deals were the most common deal types, representing more than half of the deals  The DeFi segment accounted for roughly 20% of all venture deals for the quarter, with a total of […]

Continue Reading

Animoca Brands, the lesser-known firm in the blockchain gaming/NFT space

Animoca Brands, the lesser-known firm in the blockchain gaming/NFT space

Quick Take Animoca Brands, a Hong Kong-based gaming company, has made a total of 19 investments in the blockchain gaming/NFT space, dating back to 2018 The gaming company has also been one of the most active participants in M&A for the blockchain gaming vertical, in which nine of its 19 investments, or roughly 47% have […]

Continue Reading