Transaction · Crypto / Digital Assets · 2020

ICE / Bridge2 Solutions 2020

Intercontinental Exchange acquired Bridge2 Solutions on February 1, 2020.

Target: Bridge2 Solutions
Acquirer: Intercontinental Exchange
Announced: February 1, 2020
Sub-sector: Crypto / Digital Assets

Transaction overview

Intercontinental Exchange announced the acquisition of Bridge2 Solutions on February 1, 2020.

Strategic rationale

ICE acquires loyalty solutions provider to accelerate development of Bakkt consumer application for digital asset aggregation, conversion and payments.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: February 1, 2020
Acquirer: Intercontinental Exchange (Strategic)
Sub-sector: Crypto / Digital Assets

Sources

itnewsonline.com /GlobeNewswire/Dealbox-Evidence-in-2020-Continues-to-Support-Thesis-that-Multi-Trillion-Digital-Asset-Market-is-Gaining-Momentum/12645

Comparable transactions in Crypto / Digital Assets

Primary	Event type	Counterparty	Value	Sub-sector	Date
Banxa	Transaction	OSL Group		Crypto / Digital Assets	July 22, 2026
RiverBit	Transaction	Youxin Technology	$20M	Crypto / Digital Assets	July 14, 2026
WonderFi	Transaction	Robinhood		Crypto / Digital Assets	May 13, 2026
NVC Partners Limited	Transaction	Republic Power Group Limited		Crypto / Digital Assets	April 27, 2026
250 Digital	Transaction	Franklin Templeton		Crypto / Digital Assets	April 1, 2026
Brahma	Transaction	Polymarket		Crypto / Digital Assets	March 19, 2026

Other deals by Intercontinental Exchange

Primary	Event type	Counterparty	Value	Sub-sector	Date
MarketAxess	Transaction	Intercontinental Exchange	$5.7B	Capital Markets Tech	July 30, 2026
Black Knight	Transaction	Intercontinental Exchange	$12B	Capital Markets Tech	May 4, 2022
Ellie Mae	Transaction	Intercontinental Exchange	$11B	Capital Markets Tech	August 6, 2020