BusinessValdy has acquired all outstanding shares in INX, concluding the C$39.6 million ($32.2 million) private placement that INX previously raised.By Jamie CrawleyJan 11, 2022 at 12:28 p.m. UTCUpdated Jan 11, 2022 at 12:28 p.m. UTCCanadian Dollar (Shutterstock) Source link … [Read more...] about Capital Pooling Firm Valdy Rebrands to INX Digital After Reverse Merger
merger
Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger
After less than a month of deliberation and voting, two decentralized autonomous organizations (DAO) have consummated one of the biggest mergers in decentralized finance (DeFi) history.On Tuesday, at Ethereum block height 13850929, a vote to merge Rari Capital and Fei Protocol was approved by members of both DAOs. The measure passed by a 93% to 1% margin among Rari’s RGT … [Read more...] about Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger
Eqonex CEO Steps Down Amid Talks of Potential Merger Options
The CEO of digital assets financial services firm Eqonex is to step down as the company holds talks on a potential merger or takeover.CEO Richard Byworth will step down with immediate effect and be replaced with chief operating officer Andrew Eldon on an interim basis, Eqonex announced Monday.Eqonex is“engaged in ongoing strategic discussions with third parties including the … [Read more...] about Eqonex CEO Steps Down Amid Talks of Potential Merger Options
Metaverse Company InfiniteWorld to Go Public in $700M SPAC Merger
“With up to $15 trillion of wealth expected to flow into digital assets over the next 10 years, we are witnessing the birth of a new global asset class and economic system,” Aries Chairman Thane Ritchie said in the statement. “InfiniteWorld’s unparalleled technology infrastructure underscores the transition of commerce to the digital world.” Source link … [Read more...] about Metaverse Company InfiniteWorld to Go Public in $700M SPAC Merger
Griid Infrastructure Set for NYSE Listing Through $3.3B Merger
Griid Infrastructure, which owns and operates bitcoin mining facilities, is to list on the New York Stock Exchange through a merger with Adit EdTech Acquisition Corp.The combined enterprise value of the two companies is $3.3 billion, according to an announcement Tuesday.Cincinnati-based Griid has three facilities in the U.S. and aims to have mining capacity of 734 megawatts … [Read more...] about Griid Infrastructure Set for NYSE Listing Through $3.3B Merger