CryptoBlox / Blockchain Fintech 2024
CryptoBlox Technologies acquired Blockchain Fintech for $5M on November 1, 2024.
- Target
- Blockchain Fintech
- Acquirer
- CryptoBlox Technologies
- Deal value
- $5M
- Announced
- November 1, 2024
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- CryptoBlox Technologies announced the acquisition of Blockchain Fintech on November 1, 2024 for $5M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquisition of blockchain-based fintech technology platform completes CryptoBlox's diversified blockchain ecosystem strategy and enables development of non-custodial wallet applications.
Deal terms & multiples
Frequently asked questions
How much did CryptoBlox Technologies pay for Blockchain Fintech?
CryptoBlox Technologies acquired Blockchain Fintech for $5M, announced on November 1, 2024.
When did CryptoBlox Technologies announce the acquisition of Blockchain Fintech?
CryptoBlox Technologies announced the acquisition of Blockchain Fintech on November 1, 2024.
What sub-sector is Blockchain Fintech in?
Blockchain Fintech is tracked in the Crypto / Digital Assets sub-sector.
Sources
- manilatimes.net /2024/11/02/tmt-newswire/globenewswire/cryptoblox-signs-amended-restated-share-purchase-agreement-to-acquire-blockchain-fintech/1996256