Circle / CYBAVO 2022
Circle Internet Financial acquired CYBAVO on June 1, 2022.
- Target
- CYBAVO
- Acquirer
- Circle Internet Financial
- Announced
- June 1, 2022
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- Circle Internet Financial announced the acquisition of CYBAVO on June 1, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire digital asset custody and security infrastructure to strengthen Circle's ecosystem for institutional cryptocurrency and blockchain services.
Deal terms & multiples
Frequently asked questions
When did Circle Internet Financial announce the acquisition of CYBAVO?
Circle Internet Financial announced the acquisition of CYBAVO on June 1, 2022.
What sub-sector is CYBAVO in?
CYBAVO is tracked in the Crypto / Digital Assets sub-sector.
Sources
- financialit.net /news/infrastructure/addx-has-sold-stake-cybavo-part-circles-acquisition-digital-asset-infrastructure