acquisition

It is reported that NFT Tech announced the completion of the acquisition of Run It Wild, a Web3 development company. Adam, the founder of Run It Wild, is the cooperation director of Decentraland, the former universe platform. The company has developed Web3 strategy for Linktree, a digital identity management service provider, and also provided support for AO Metaverse, the Australian Open Games universe project. The acquisition price has not been disclosed yet, However, it is reported that NFT Tech will issue 10000000 ordinary shares and pay $50000 in cash in…

It is reported that the United States Federal Trade Commission (FTC) gave up its last attempt to prevent Meta Platforms Inc. from acquiring a virtual reality startup on Friday local time and handed the final victory to the Facebook parent company. Less than a month before the FTC announced that it had abandoned the administrative procedures for this transaction, a federal judge rejected the FTC’s request for the court to suspend Meta’s acquisition of Within Unlimited. (Cailian Press) Interpretation of this information: The United States Federal Trade Commission has been…

It is reported that Sushi Swap developer Sushi plans to launch a decentralized derivatives exchange called Vortex on the Sei blockchain of the Cosmos ecosystem. This version is planned to be released in the second quarter of 2023, which is consistent with Sei’s expected release time on the main network. Meanwhile, Sushi recently acquired Vortex. Interpretation of this information: Sushi Swap is a popular decentralized exchange that allows users to trade cryptocurrencies without the need for intermediaries. According to reports, Sushi Swap’s developer, Sushi, is planning to launch a new…

It is reported that the Web3 social digital asset investment platform Bit.Store announced the acquisition of the equity financing of the encryption payment gateway Alchemy Pay. As part of the transaction, Alchemy Pay acquired 15% of the shares of Bit.Store. Interpretation of this information: Bit.Store, a social digital asset investment platform, has announced that it has acquired Alchemy Pay, a popular encryption payment gateway. As part of the agreement, Alchemy Pay was able to acquire 15% of Bit.Store’s stake. The move has been lauded by crypto enthusiasts as a step…

On February 22, the NFT project 0N1 Force announced that it had been acquired by Old Fashioned Research. The specific amount was not disclosed. At present, the founder of 0N1 Force has left the project team, and the current project leader Henry Finn (also known as Starley) will become the CEO of the company. Interpretation of this information: The recent news of the acquisition of the NFT project 0N1 Force by Old Fashioned Research has sent ripples across the crypto community. The news came on February 22, but the specific…

It is reported that Rand Gallery, the largest NFT market in the Algorand blockchain, has acquired the data aggregator NFT Explorer (NFTx) to add analysis to its products. According to the official press release, this transaction gives Rand Gallery “a complete vertical NFT stack”, because its goal is to become “the central hub of all NFTs, including music and games”. Last year, Rand Gallery was acquired by a start-up company named Distributed Finance. Rand refused to disclose the terms of the acquisition of NFT Explorer, and pointed out that the…

It is reported that the specific terms of the transaction for the acquisition of NFT Explorer, a data aggregator, by Rand Gallery in the Algorand NFT market, were not disclosed, but Rand Gallery said that the amount of the acquisition transaction was lower than that of last year, and that it was ending its seed round financing to fund the acquisition. Interpretation of this information: Rand Gallery, a well-known Algorand NFT marketplace, has reportedly acquired data aggregator NFT Explorer in an undisclosed transaction. Though the specific terms of the acquisition…

It is reported that Coinmetro, the cryptocurrency exchange, announced on Tuesday that it will acquire Ignium, a blockchain-based social fund-raising platform. The statement said that Coinmetro had purchased 71% of Ignium’s shares as of February 3 and planned to purchase the remaining shares by the end of April. Coinmetro disclosed that the acquisition was worth 4 million euros ($4.3 million). Interpretation of this information: Coinmetro, a cryptocurrency exchange, has announced its acquisition of Ignium, a blockchain-based social fundraising platform. As of February 3, Coinmetro has purchased 71% of Ignium’s shares,…